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Home > Legal Research > Glossary

Trust account

Definition - Noun
: an account opened with a trust company (as a bank) under which an inter vivos or testamentary trust is set up (as for the escrow of funds)

Based on Merriam-Webster's Dictionary of Law ©2001.
Merriam-Webster, Incorporated
Published under license with Merriam-Webster, Incorporated.
http://www.m-w.com

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Trust account