Definitions from Wiktionary (spendthrift trust)
▸ noun: (law) A trust that is created for the benefit of a person (often because that beneficiary is unable to control spending) that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary, thus keeping the funds in the trust beyond the reach of creditors.
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▸ noun: (law) A trust that is created for the benefit of a person (often because that beneficiary is unable to control spending) that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary, thus keeping the funds in the trust beyond the reach of creditors.
Similar:
trust,
trustee,
trust fund,
Totten trust,
charitable trust,
bare trust,
remainder trust,
trustee stock,
unitrust,
honorary trust,
more...
▸ Words similar to spendthrift trust
▸ Usage examples for spendthrift trust
▸ Idioms related to spendthrift trust
▸ Wikipedia articles (New!)
▸ Words that often appear near spendthrift trust
▸ Rhymes of spendthrift trust
▸ Invented words related to spendthrift trust