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

Today, about two-thirds of Florida homeowners trust companies many had never heard of before to safeguard their homes and possessions – while paying thousands of dollars each year for the privilege. — Ron Hurtibise, Sun Sentinel, 25 Sep. 2026

The new rules also add pressure on wealthy households already facing a widening tax dragnet, along with private bankers, trust companies, and immigration agencies that help move their money and families abroad. — Anniek Bao, CNBC, 15 Sep. 2026

Assets held by South Dakota trust companies reached $814 billion at the end of 2024, nearly five times the total a decade earlier. — Medora Lee, USA Today, 6 Sep. 2026

World Liberty's trust company would still need to meet several requirements before it is granted final approval to become a bank. — Nancy Cordes, CBS News, 17 Aug. 2026

Word History

First Known Use

1827, in the meaning defined above

Rhymes for trust company

• accompany
• intercompany

Kids Definition

trust company

noun

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

Legal Definition

trust company

see also:

company