trust functions
1Trust (social sciences) — Trust is a relationship of reliance. A trusted party is presumed to seek to fulfill policies, ethical codes, law and their previous promises.Trust does not need to involve belief in the good character, vices, or morals of the other party. Persons …
2trust company — trust′ com pany n. bus a company or corporation organized to exercise the functions of a trustee, but also engaging in the usual activities of a bank or financial institution • Etymology: 1825–35, amer …
3trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… …
4Trust company — A trust company is a corporation, especially a commercial bank, organized to perform the fiduciary functions of trusts and agencies. It is normally owned by one of three types of structures: an independent partnership, a bank or a law firm, each… …
5trust company — a company or corporation organized to exercise the functions of a trustee, but usually engaging also in other banking and financial activities. [1825 35, Amer.] * * * Company, often a commercial bank, acting as trustee for individuals and… …
6trust corporation — /ˈtrʌst kɔpəˌreɪʃən/ (say trust kawpuh.rayshuhn) noun a corporation organised to exercise the functions of a trustee …
7trust company — noun Date: 1834 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 …
8Limited Purpose Trust Company — A trust company that has been chartered by the state to perform specific trust functions. These functions can include acting as a depositor or safekeeper for securities or mortgages. The Participants Trust Company is an example of a mortgage… …
9National Churches Trust — Selby Abbey, one of the churches benefitting from the charity The National Churches Trust, formerly the Historic Churches Preservation Trust, is a British registered charity whose aim is promoting and supporting church buildings of historic,… …
10United States trust law — Introduction Most law regulating the creation and administration of trusts in the United States is now statutory at the state level. In August 2004, the National Conference of Commissioners on Uniform State Laws created the first attempt to… …
