- trust company
- A corporation, usually engaged in a general banking business, and in particular as a compensated trustee of funds or property. A bank for purposes of regulation. 10 Am J2d Banks § 11.
Ballentine's law dictionary. Anderson, W.S.. 1998.
trust company
Look at other dictionaries:
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trust company — a company or corporation organized to exercise the functions of a trustee, but usually engaging also in other banking and financial activities. [1825 35, Amer.] * * * Company, often a commercial bank, acting as trustee for individuals and… … Universalium
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