Custodial account

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.

Related Terms: 6 Account, Broker, Brokerage, Benefit, Fund, Mutual fund

Other Related Pages: Category: Mutual_Funds Starting With: C

Additional Related Terms: 10-K, Account, Account statement, Allowance for depreciation, Account aggregation, Account balance, Active account, Agent bank, Alternate account, Asset management account