trust account
Americannoun
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an account of property established with a trust company by a grantor, for distribution during or after the grantor's lifetime.
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Also called trustee account. Banking. a savings account over which the depositor, while living, has sole control as trustee, and which upon the death of the depositor becomes payable to the beneficiary.
noun
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Also called: trustee account. a savings account deposited in the name of a trustee who controls it during his lifetime, after which the balance is payable to a prenominated beneficiary
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property under the control of a trustee or trustees
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The companies expect gross proceeds of more than $420 million, funded by a combination of cash in NewHold’s trust account and an anchored private investment in public equity.
From The Wall Street Journal ● May 27, 2026
The sum includes nearly all the cash held in Churchill X’s trust account prior to the redemption deadline.
From Barron's ● Feb. 17, 2026
We have $2.8 million invested in IRAs, a Roth IRA and a trust account.
From MarketWatch ● Oct. 16, 2025
When M.C.’s family asked Elliott about the trust account or for bank statements, he “lulled them into compliance by getting upset and telling them that everything was under control,” according to the indictment.
From Los Angeles Times ● Mar. 8, 2025
So far, with the help of Jerome, she had managed to extract nearly three million dollars from Kaira’s trust account.
From "Small Steps" by Louis Sachar
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
