noun
- 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.
- synonyms: savings account trust, trust account, trustee account, Totten trust
WordNet 3.0 © 2006 by Princeton University
| APA | WordNet. (2010). savings bank trust. Retrieved October 1, 2026, from http://smartdefine.org/savings_bank_trust/definitions/1308755 |
| Chicago | WordNet. 2010. "savings bank trust" http://smartdefine.org/savings_bank_trust/definitions/1308755 (accessed October 1, 2026). |
| Harvard | WordNet 2010, savings bank trust, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/savings_bank_trust/definitions/1308755>. |
| MLA | WordNet. "savings bank trust" 23 October 2010. Web. 1 October 2026. <http://smartdefine.org/savings_bank_trust/definitions/1308755> |