sheltering-trust
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sheltering trust
noun
Dictionary.com Unabridged
spendthrift trust
noun Law.
a trust that provides a fund for a beneficiary, as a minor, with the title vested so that the fund or its income cannot be claimed by others, as creditors of the beneficiary.
Also called sheltering trust.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source
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Sheltering-trust
is always a great word to know.
So is quincunx. Does it mean:
| an extraordinary or unusual thing, person, or event; an exceptional example or instance. |
| an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle. |
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