spendthrift trust

noun Law.

a trust that provides a fund for a beneficiary, as a minor, with the title vested so that the fund or its income cannot be claimed by others, as creditors of the beneficiary.

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Words nearby spendthrift trust

spendable, spender, spending money, spends, spendthrift, spendthrift trust, spener, spengler, spens' syndrome, spenser, spenserian

Also called sheltering trust.