TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

TRUSTEE ACCOUNT [1 record]

Record 1 2011-01-12

English

Subject field(s)
  • Finance
  • Foreign Trade
DEF

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.

CONT

Trust account. An account which ... holds in trust for his client.

French

Domaine(s)
  • Finances
  • Commerce extérieur
DEF

Compte ouvert dans une banque par un membre d'une profession juridique (avocat ou notaire) ou un professionnel comptable pour y déposer les valeurs qu'un client lui a confiées ou les sommes qu'un syndic a reçues en cas de faillite ou de règlement judiciaire.

Key term(s)
  • compte fiduciaire

Spanish

Campo(s) temático(s)
  • Finanzas
  • Comercio exterior
DEF

Cuenta respaldada por un acuerdo fiduciario mediante el cual un banco actúa en nombre del cliente.

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