accumulation trust

A trust in which the trustee must accumulate income and gains from sales of trust assets for ultimate disposition with the principal when the trust terminates.

• Many states restrict the time over which accumulations may be made or the amount that may be accumulated. [Cases: Trusts 280. C.J.S. Trover and Conversion §§ 544–550.]

---

词条贡献者

译者Terris，毕业于国内一流的高级翻译学院，擅长翻译各种与政府合同相关的法律文件。