Trust-company
noun
1.
a company or corporation organized to exercise the functions of a trustee, but usually engaging also in other banking and financial activities.
trust company
noun
1.
a commercial bank or other enterprise organized to perform trustee functions Also called trust corporation
Read Also:
- Trust-deed
noun 1. a written instrument legally conveying property to a trustee, such as a bank, often for the purpose of securing a mortgage or promissory note. noun 1. a document that transfers the legal title to property to a trustee
- Trusted
noun 1. reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence. 2. confident expectation of something; hope. 3. confidence in the certainty of future payment for property or goods received; credit: to sell merchandise on trust. 4. a person on whom or thing on which one relies: God is my […]
- Trustee
noun 1. a person, usually one of a body of persons, appointed to administer the affairs of a company, institution, etc. 2. a person who holds the title to property for the benefit of another. 3. (in New England) a garnishee. 4. a trusty. verb (used with object), trusteed, trusteeing. 5. to place in the […]
- Trustee-in-bankruptcy
noun, Law. 1. a person appointed by a court to administer the property of a bankrupt. trustee in bankruptcy noun 1. a person entrusted with the administration of a bankrupt’s affairs and with realizing his or her assets for the benefit of the creditors
- Trustee investment
noun 1. (stock exchange) an investment in which trustees are authorized to invest money belonging to a trust fund