• word of the day

    savings bank trust

    savings bank trust - Dictionary definition and meaning for word savings bank trust

    Definition
    (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

Word used in video below:
text: My life savings, four dollars.
Download our Mobile App Today
Receive our word of the day
on Whatsapp