custodial account Definition

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custodial account

Definition

An account which is created for the benefit of a minor, usually at a bank, mutual fund, or brokerage, with an adult as the custodian.

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'custodial account' appears in the definitions of these other terms on BusinessDictionary.com

American Depository Receipt (ADR), American Depository Shares (ADS), custody account, sinking fund

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