trust certificate


Definition of trust certificate

: a certificate issued and sold as one of a series by the trustee of designated trust property (as an investment trust, railroad equipment, or business trust) legally held evidencing a specified fractional equitable or beneficial interest in the trust property existing in the holder or registered owner of the certificate, incorporating the particular trust agreement, setting forth the principal rights of the certificate owner to share in the income, profits, or gains realized from the trust property and in any current or future distributions of it, and prescribing the mode of transfer of the certificate

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

Learn More about trust certificate

Statistics for trust certificate

Cite this Entry

“Trust certificate.” Dictionary, Merriam-Webster, Accessed 2 Dec. 2020.

Comments on trust certificate

What made you want to look up trust certificate? Please tell us where you read or heard it (including the quote, if possible).


Test Your Vocabulary

Musical Words Quiz

  • gramophone
  • Which word describes a musical performance marked by the absence of instrumental accompaniment?
Spell It

Can you spell these 10 commonly misspelled words?

Dictionary Devil

Test Your Knowledge - and learn some interesting things along the way.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!