Definition: Meaning of, trustee account in English to English dictionary.
Pronunciation:/ trʌsˈtiː əˈkaʊnt /
noun
synonym
antonym
Word Forms:
Singular
Plural
trustee account
trustee accounts
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