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Trust company   /trəst kˈəmpəni/   Listen
Trust company

noun
1.
An organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services.  Synonym: trust corporation.





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"Trust company" Quotes from Famous Books



... with the very wealthy and most respectable firm of Schuchhardt & Gebhard, of Nassau Street. Every thing went along swimmingly till the 21st of August, when all Wall Street was thrown into a spasm by the failure of the Ohio Life and Trust Company, and the panic so resembled that in San Francisco, that, having nothing seemingly at stake, I felt amused. But it soon became a serious matter even to me. Western stocks and securities tumbled to such a figure, that all Western banks that held such securities, ...
— The Memoirs of General W. T. Sherman, Complete • William T. Sherman
... He's opened the South, he's restored trade, he's made an honest fortune out of the carpet-baggers. It's something to own nine-tenths of the Old Dominion Tobacco Works, and to be vice-president of the Bonfield Trust Company, but it's a long sight better to be president of the Great South Midland and Atlantic Railroad. If you happen to know of a bigger job than that, I wish ...
— The Romance of a Plain Man • Ellen Glasgow


Words linked to "Trust company" :   financial organisation, financial institution, financial organization


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