trust company
noun
a company or corporation organized to exercise the functions of a trustee, but usually engaging also in other banking and financial activities.
Origin of trust company
An Americanism dating back to 1825–35
Words nearby trust company
trussed,
trussing,
trust,
trust account,
trust busting,
trust company,
trust deed,
trust fund,
trust hotel,
trust territory,
trustafarian
Example sentences from the Web for trust company
Slight differences between the requirements for trust-company reserves and those for state-bank reserves are chiefly of two kinds.
Readings in Money and Banking |Chester Arthur PhillipsBank and trust-company stocks possess one characteristic in higher degree than other classes of stock.
How to Invest Money |George Garr HenryThe Illinois bank act of 1887 provided that any bank might have power to execute trusts by complying with the trust-company law.
Readings in Money and Banking |Chester Arthur PhillipsIn Mississippi any bank with a paid-up capital of $100,000 may do a trust-company business.
Readings in Money and Banking |Chester Arthur Phillips
British Dictionary definitions for trust company
trust company
noun
a commercial bank or other enterprise organized to perform trustee functions
Also called: trust corporation