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custodial account

   Also found in: Financial, Wikipedia 0.06 sec.
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Noun1.custodial account - a brokerage firm account that parents have created for a minor
cash account - an account with a securities brokerage whose transactions are settled on a cash basis
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Almost $6,000 has been raised so far, and a custodial account -- No.
FATHER'S SPIRIT ON FIELD FOR PLAYER, 5 by Daily News (Los Angeles, CA)
While parents will have to open a custodial account for children under 18, the process of doing it together exposes young people to investing.
Teach your children the building blocks of finance: starting young ... by Meeka, Kenneth / Black Enterprise
The Sixth Circuit said that only assets of an ERISA plan held in a trust would be excluded from the bankruptcy estate and that assets in a custodial account could not be excluded.
Is your retirement plan really safe? Protect your clients' assets ... by Altieri, Mark P. / Journal of Accountancy
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