trust company


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trust company

n.
A commercial bank or other corporation that manages trusts.

trust company

n
(Banking & Finance) a commercial bank or other enterprise organized to perform trustee functions. Also called: trust corporation

trust′ com`pany


n.
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.
[1825–35, Amer.]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.trust company - an organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related servicestrust company - an organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services
financial institution, financial organisation, financial organization - an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets
References in classic literature ?
Daylight lost three millions before he was done with it, and before he was done with it he saw the California & Altamont Trust Company hopelessly wrecked, and Charles Klinkner a suicide in a felon's cell.
Alliston Forbes--wrecked the Alta California Trust Company an' salted down two cold millions.
section] 1842) to acquire up to 25 percent of the voting shares of M&T Bank Corporation ("M&T") (1) and thereby indirectly acquire shares of M&T's subsidiary banks, including its lead subsidiary bank, Manufacturers and Traders Trust Company, both in Buffalo, New York ("Trust Company").