trust company

noun

: an incorporated trustee
broadly : a corporation that functions as a corporate and personal trustee and usually also engages in the normal activities of a commercial bank

Examples of trust company in a Sentence

Recent Examples on the Web The properties remain a relatively niche sector of the housing market, making up a record 7.9% of all single-family housing starts in 2023, according to Arbor Realty Trust, a real estate investment trust company. Bailey Schulz, The Courier-Journal, 4 June 2024 Research shows that people are much more likely to buy from and trust companies with a purpose other than profit, Davidson explains. Bynick Rockel, Fortune, 10 May 2024 Eastern Point Trust Company is an expert settlement trust company that regularly works on QSFs, with notable defendants like Amazon, BP, and Volkswagen. Tyler Shepherd, USA TODAY, 10 May 2024 To exercise their Rights, Common Stockholders who hold their Common Stock through a broker, custodian, or trust company, should contact such entity to forward their instructions to either exercise or sell their Rights on their behalf. Charlotte Observer, 8 Apr. 2024 See all Example Sentences for trust company 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'trust company.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1827, in the meaning defined above

Time Traveler
The first known use of trust company was in 1827

Dictionary Entries Near trust company

Cite this Entry

“Trust company.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trust%20company. Accessed 24 Jul. 2024.

Kids Definition

trust company

noun
: a corporation (as a bank) organized to act as a trustee

Legal Definition

trust company

see company

More from Merriam-Webster on trust company

Last Updated: - Updated example sentences
Love words? Need even more definitions?

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