corporate trust
71trust estates as business companies — A practice originating in Massachusetts of vesting a business or certain real estate in a group of trustees, who manage it for the benefit of the beneficial owners; the ownership of the latter is evidenced by negotiable (or transferable) shares.… …
72Corporate Agent — A type of trust company that acts on behalf of corporations and some types of governmental entities. Corporate agents provide various types of banking services for corporate clients, such as check clearing, payment of interest and dividends and… …
73corporate mortgage trust — Device for financing corporate activities which requires an indenture and an independent trustee for protection of holders of bonds and debentures. The trust holds security consisting of property in event of default …
74corporate mortgage trust — Device for financing corporate activities which requires an indenture and an independent trustee for protection of holders of bonds and debentures. The trust holds security consisting of property in event of default …
75Corporate promoter — For other uses of this word, see promoter. A corporate promoter (also projector ) is a person who solicits people to invest money into a corporation, usually when it is being formed. An investment banker, an underwriter, or a stock promoter may,… …
76trust 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 …
77Trust certificate (finance) — A corporate bond backed by other securities, usually a parent corporation borrowing against securities of its subsidiaries …
78corporate income fund — ( CIF) A unit investment trust featuring a fixed portfolio of high grade securities and other investments, usually with monthly distribution of income. Bloomberg Financial Dictionary …
79Trust Indenture Act of 1939 — A law that requires all corporate bonds and other debt securities to be issued subject to indenture agreements and comply with certain indenture provisions approved by the SEC. Bloomberg Financial Dictionary …
80corporate trustees — Those corporations which are empowered by their charter to act as trustee, such as banks and trust companies …
