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SAVINGS ACCOUNT TRUST

(noun)
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Definitions

There is 1 meaning of the phrase Savings Account Trust.

Savings Account Trust - as a noun

A savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary

Synonyms (Exact Relations)
savings bank trusttotten trusttrust accounttrustee account

Example Sentences

"She opened a savings account trust to save money for her children's education."
"The elderly couple set up a savings account trust to ensure their financial security during retirement."
"He transferred a significant amount of money into his savings account trust."
"The bank offered attractive interest rates for savings account trust deposits."
"Her grandmother left her a substantial inheritance through a savings account trust."
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