client trust account

client trust account. A bank account, usu. interest-bearing, in which a lawyer deposits money belonging to a client (e.g., money received from a client’s debtor, from the settlement of a client’s case, or from the client for later use in a business transaction). — Also termed trust account.

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词条贡献者

译员蓉婧，欧洲知名商学院国际金融专业，专注翻译各种与美国证券法律有关的法律文件。