Definitions
There is 1 meaning of the phrase
Savings Bank Trust.
Savings Bank 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 account trusttotten trusttrust accounttrustee accountExample Sentences
"I opened a savings bank trust account for my child's education fund."
"The savings bank trust offers competitive interest rates."
"She deposited her inheritance in a savings bank trust."
"The couple established a savings bank trust to save for their dream vacation."
"The savings bank trust provides financial security for the future."
