A tax-deferred trust account created by the U.S. government to assist families in funding educational expenses for beneficiaries 18 years old or younger. While more than one ESA can be set up for a single beneficiary, the total maximum contribution per year for any single beneficiary is $2,000. Next Up.
A chute is a steep, narrow slope down which people or things can slide. Passengers escaped from the plane's front four exits by sliding down emergency chutes. Synonyms: slope, channel, slide, incline More Synonyms of chute
to move or deposit, by or as if by means of a chute: The dock had facilities for chuting grain directly into the hold of a vessel. to descend by or as if by means of a chute. out of the chute, at the start; at the very beginning: The new business made mistakes right out of the chute and failed within a year.