Word.ws English Dictionary

spendthrift trust

spendthrift trust noun: 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.

Noun

spendthrift trust (plural spendthrift trusts)

  1. 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.

Forms of spendthrift trust

pluralspendthrift trusts

Questions about spendthrift trust

What does spendthrift trust mean?
Spendthrift trust means 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.
What part of speech is spendthrift trust?
Spendthrift trust is a noun.
What is the plural of spendthrift trust?
The plural of spendthrift trust is spendthrift trusts.

Words near spendthrift trust in the dictionary

  1. spends money like water
  2. spends time
  3. spendthrift
  4. spendthrift clause
  5. spendthrift provision
  6. spendthrift trust
  7. spendthrift trusts
  8. spendthriftily
  9. spendthriftiness
  10. spendthriftism
  11. spendthriftness

Source and license

Adapted from Wiktionary: spendthrift trust (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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Cite this entry: “spendthrift trust.” Word.ws, https://word.ws/spendthrift_trust. Based on Wiktionary, CC BY-SA 4.0.