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Meaning of TRUST COMPANY

Pronunciation:  trust 'kumpunee

WordNet Dictionary
 
 Definition: [n]  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
 
 Websites: 
 
 Synonyms: trust corporation
 
 See Also: financial institution, financial organisation, financial organization

 

 

Webster's 1913 Dictionary
 
 Definition: 
\Trust company\
Any corporation formed for the purpose of acting as trustee.
Such companies usually do more or less of a banking business.
 
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