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.
In this position, Atkinson will tailor 401(k) programs for Trust Company of America clients to allow them to complement other professional financial planning services with retirement plan options.
M&T and Trust Company have filed related applications with the Board to acquire Allfirst and Allfirst's nonbanking subsidiaries; to merge Allfirst's lead subsidiary bank, Allfirst Bank, also in Baltimore, into Trust Company; and for Trust Company to retain and operate branches at the locations of Allfirst Bank's offices.
Rockland Trust Company is a full-service community bank serving southeastern Massachusetts and Cape Cod.
The trust powers allow The Northern Trust Company, Canada to act as trustee for Canadian clients.
We are very excited about the multiple opportunities this combination brings to our partners, and most importantly to our clients," said Greg Tschider, President of AST Capital Trust Company.
He joins our institution at a pivotal time, because The Trust Company is undergoing various changes and improvements necessary to keep us an industry leader.
They are seasoned professionals, with a wealth of experience, who immediately expand the scope of services Rockland Trust Company has to offer.
The expertise and judgment of these individuals will be very valuable to management in guiding the development of Brown Advisory & Trust Company as an advisor on investment and fiduciary matters," said David L.
Hartz was also elected to the Tompkins Trust Company Board of Directors, and was elected Executive Vice President of Tompkins Trustco, Inc.
Fairfax Bank & Trust Company is an independent bank headquartered in Fairfax, Va.