English Dictionary

CUSTODIAL ACCOUNT

Pronunciation (US): Play  (GB): Play

IPA (US): 

 Dictionary entry overview: What does custodial account mean? 

CUSTODIAL ACCOUNT (noun)
  The noun CUSTODIAL ACCOUNT has 1 sense:

1. a brokerage firm account that parents have created for a minorplay

  Familiarity information: CUSTODIAL ACCOUNT used as a noun is very rare.


 Dictionary entry details 


CUSTODIAL ACCOUNT (noun)


Sense 1

Meaning:

A brokerage firm account that parents have created for a minor

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("custodial account" is a kind of...):

cash account (an account with a securities brokerage whose transactions are settled on a cash basis)


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