Trustee stock
Trustee stock Trustee stock (Finance) High-grade stock in which trust funds may be legally invested. [Colloq.] [Webster 1913 Suppl.]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • trustee stock — trust stock or trustee stock noun That in which a trustee may legally invest trust funds without being personally liable if it should depreciate in value • • • Main Entry: ↑trust …   Useful english dictionary

  • Trustee Savings Bank — Infobox Defunct Company company name = TSB Bank plc. company company type = Public foundation = 1985 (as TSB Bank plc.); 1810 (first Trustee Savings Bank) industry = Banking products = Banking location = London, England, UK defunct = 1995 fate =… …   Wikipedia

  • trust stock — or trustee stock noun That in which a trustee may legally invest trust funds without being personally liable if it should depreciate in value • • • Main Entry: ↑trust …   Useful english dictionary

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  • trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… …   Black's law dictionary

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