trust company

noun
UK: /ˈtrʌst ˌkʌmpənɪ/
US: /ˈtrʌst ˌkʌmpəni/

  1. A financial institution that manages trusts and estates, and acts as a trustee for individuals or organizations.

    1. A trust company can help manage your money.
    2. The trust company provides services to manage assets and investments for its clients.

  2. A company that is authorized to act as a fiduciary, managing assets, investments, and other financial responsibilities on behalf of others.

    1. My family uses a trust company for our estate planning.
    2. The local trust company offers various services including estate administration and investment management.

Frequently Asked Questions

The word "trust company" in English means: A financial institution that manages trusts and estates, and acts as a trustee for individuals or organizations., A company that is authorized to act as a fiduciary, managing assets, investments, and other financial responsibilities on behalf of others..

The phonetic transcription of "trust company" is /ˈtrʌst ˌkʌmpənɪ/ in British English and /ˈtrʌst ˌkʌmpəni/ in American English. Click the 🔊 button to hear both pronunciations.

Example usage of "trust company": "A trust company can help manage your money.". More examples on the page.