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trust company

Line breaks: trust com|pany

Definition of trust company in English:

noun

A company formed to act as a trustee or to deal with trusts.
Example sentences
  • Rather than sell a small noncontrolling stake, the trust company figured selling its entire stake would bring a higher price per share, a so-called control premium.
  • Ultimately the majority of the committee, whilst feeling that the proposal had merit, believed that the ability of a trust company to transact business with its parent company should be controlled by Parliament.
  • You can choose a person you trust or a trust company to serve as trustee to manage the funds during your wife's lifetime.

Definition of trust company in:

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