An account into which moneys which are held on trust are deposited. Used by solicitors to deposit money which a client provides for conducting a case until the money is needed.â€¢ Solicitors - Legal Practitioners
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
is a separate bank account in which is deposited all the money received in trust for someone else. For example, in the deposit cheque, the words In Trust should be written after the name of the firm to whom it's payable.
An account used by brokers, in which funds for another individual are held separately, and not commingled with other funds.  Underwriter One who underwrites a loan for another. Your lender will have an investor underwrite your loan.  Variable Interest Rate An interest rate that rises and falls according to a particular economic indicator.
A bank account in which the account holder holds money in trust for another person until the occurrence of a certain event. The money in such an account is referred to as trust money. Every estate agency business must have a trust account which must be audited by an auditor every year.
A trust is the holding of property and the equitable management of that property by one person (a trustee) for another person (a beneficiary). If you transfer property to a trust, you would be considered a "grantor."