Sheltering-trust
noun
1.
spendthrift trust.
spendthrift trust
noun, Law.
1.
a trust that provides a fund for a beneficiary, as a minor, with the title vested so that the fund or its income cannot be claimed by others, as creditors of the beneficiary.
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noun, plural shelties. Informal. 1. Shetland pony. 2. Shetland sheepdog.