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trust company
(redirected from trust corporation)

   Also found in: Dictionary/thesaurus, Wikipedia 0.03 sec.

trust company

Company, often a commercial bank, acting as trustee for individuals and businesses and providing related financial or estate-planning services. Trust services for individuals commonly include the administration of estates, living trusts (trusts that become effective during the lifetimes of their makers, or settlors), and testamentary trusts (trusts originating in a will). Services for businesses include the administration of corporate bond indentures and corporate pension funds. Trust companies may also serve as corporate stock registrars and as paying agents for the distribution of dividends.



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The Resolution Trust Corporation acquired 77 River Street when they took control of Elysian Federal Savings Bank.
Wilmington Trust Corporation (NYSE:WL) announced today that its chairman and chief executive officer, Ted T.
Wilmington Trust Corporation (NYSE:WL) announced today that its chairman and chief executive officer, Ted T.
 
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