单词 | accumulation |
释义 | ac·cu·mu·la·tion n: increase or growth by addition esp. when continuous or repeated; specif: an increase in the amount of a fund or property by the continuous addition to it of the income or interest it generates to treat a stock dividend as principal when local law classifies it as income may be deemed an ~ — W. M. McGovern, Jr. et al. see also accumulation trust at trust ◇ Because they prevent the enjoyment and benefit of wealth, accumulations are deemed contrary to public policy. A provision in a will for an accumulation will be invalidated if found to be unreasonable by the court. |
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