Trust company

Trust company
Trust company Trust company Any corporation formed for the purpose of acting as trustee. Such companies usually do more or less of a banking business. [Webster 1913 Suppl.]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

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  • trust company — see company Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. trust company n …   Law dictionary

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  • trust company — ☆ trust company n. 1. a company formed to act as trustee 2. a bank organized to handle trusts and carry on all banking operations except the issuance of bank notes …   English World dictionary

  • Trust company — A trust company is a corporation, especially a commercial bank, organized to perform the fiduciary functions of trusts and agencies. It is normally owned by one of three types of structures: an independent partnership, a bank or a law firm, each… …   Wikipedia

  • trust company — a company or corporation organized to exercise the functions of a trustee, but usually engaging also in other banking and financial activities. [1825 35, Amer.] * * * Company, often a commercial bank, acting as trustee for individuals and… …   Universalium

  • trust company — An organization that acts as a fiduciary and administers trusts. Bloomberg Financial Dictionary * * * trust company trust company ➔ company * * * trust company UK US noun [C] FINANCE, BANKING ► a company that manages money or property for other… …   Financial and business terms

  • Trust Company — A legal entity that acts as fiduciary, agent or trustee on behalf of a person or business entity for the purpose of administration, management and the eventual transfer of assets to a beneficial party. The entity acts as a custodian for trusts,… …   Investment dictionary

  • trust company — trust′ com pany n. bus a company or corporation organized to exercise the functions of a trustee, but also engaging in the usual activities of a bank or financial institution • Etymology: 1825–35, amer …   From formal English to slang

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