spendthrift trust

listen to the pronunciation of spendthrift trust
English - Turkish
mirasyedi güven
English - English
A trust that is created for the benefit of a person (often because that beneficiary is unable to control spending) that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary, thus keeping the funds in the trust beyond the reach of creditors
a trust created to maintain a beneficiary but to be secure against the beneficiary's improvidence
spendthrift trusts
plural form of spendthrift trust
spendthrift trust

    Hyphenation

    spend·thrift trust

    Turkish pronunciation

    spendthrîft trʌst

    Pronunciation

    /ˈspendˌᴛʜrəft ˈtrəst/ /ˈspɛndˌθrɪft ˈtrʌst/
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