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
Crane Harbor is providing $225 million from its trust account to finance the transaction, with a remaining $275 million coming from a group of investors including several Canadian banks and AMD.
From Barron's ● Mar. 10, 2026
Ultimately, the money from the sale of the house will go into mom’s trust account and be used to help her until her final days.
From MarketWatch ● Jan. 19, 2026
“He treated that client trust account like a personal piggy bank,” Paetty said.
From Los Angeles Times ● Aug. 7, 2024
He set up a trust account for Nick, and the bank manager said he could make arrangements with Mr. Lawrence so any other money would be deposited automatically.
From "Frindle" by Andrew Clements
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.
