| / English Dictionary |
CUSTODIAL ACCOUNT
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A brokerage firm account that parents have created for a minor
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("custodial account" is a kind of...):
cash account (an account with a securities brokerage whose transactions are settled on a cash basis)
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