Bank Trust Custodial Account

Business, Legal & Accounting Glossary

Definition: Bank Trust Custodial Account


Bank Trust Custodial Account


Full Definition of Bank Trust Custodial Account


A type of Individual Retirement Account (IRA) in which contributions are placed either in an interest-bearing bank account or an account with a brokerage. This type of IRA gives holders considerable flexibility in terms of how their money is invested.


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December 04, 2021 https://payrollheaven.com/define/bank-trust-custodial-account/.
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https://payrollheaven.com/define/bank-trust-custodial-account/ (accessed: December 04, 2021).
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Bank Trust Custodial Account. PayrollHeaven.com. Retrieved December 04, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/bank-trust-custodial-account/

Definition Sources


Definitions for Bank Trust Custodial Account are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.