trust company
Definition
Business organized specifically for entering into fiduciary relationships with individuals and organization to as act as an executor, guardian, or trustee in administration of custodial arrangements, estates, and trust funds. Trust companies also act as fiscal agents and paying agents for corporations and governments who have issued bonds and provide services such as estate planning, stock registration, share transfer, etc. Called trust corporation in the UK.
trust company is in the Banking, Commerce & Finance and Corporate, Commercial, & General Law subjects.
trust company appears in the definitions of the following terms: transfer agent, master trust, trust department, trust account, trustee, trust bank, nominee, trust corporation and blind trust
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