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custodial account
cus·to·di·al ac·count (plural cus·to·di·al ac·counts)


noun 
Definition:
 
account managed for beneficiary: an account managed by somebody other than the person who benefits from it, e.g. by a parent for a child
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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