SPENDTHRIFT TRUST

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does spendthrift trust mean? 

• SPENDTHRIFT TRUST (noun)
  The noun SPENDTHRIFT TRUST has 1 sense:

1. a trust created to maintain a beneficiary but to be secure against the beneficiary's improvidence

  Familiarity information: SPENDTHRIFT TRUST used as a noun is very rare.

 Dictionary entry details 

• SPENDTHRIFT TRUST (noun)

Sense 1

Meaning:

A trust created to maintain a beneficiary but to be secure against the beneficiary's improvidence

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("spendthrift trust" is a kind of...):

trust (something (as property) held by one party (the trustee) for the benefit of another (the beneficiary))