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The term in the United States is most often used to describe the business activities of many financial services companies and banks that act in a fiduciary capacity for investors in a particular security (i.e. stock investors or bond investors).
The term "corporate trust" covers the business activities of financial services companies and banks that act in a fiduciary capacity for investors in a particular security.
A trust or corporate trust is a large grouping of business interests with significant market power, which may be embodied as a corporation or as a group of corporations that cooperate with one another in various ways.
A trust is a legal arrangement where someone (trustee) will manage the assets of an individual or company for beneficiaries. Trusts are separate entities for tax purposes only, but not considered separate legal entities. A corporate trust works more or less same way as an individual trust.
The meaning of CORPORATE TRUST is a trust in which the cestui que trust is a corporation —opposed to personal trust.
When a trust includes the rights to the management of a business, it's called a business trust. These rights are usually transferred to the trustee.
Definition of Corporate Trustees. Corporate trustees are professional organizations, typically banks or trust companies, that are legally authorized to serve as trustees for various types of trusts, such as living trusts, testamentary trusts, and charitable trusts.
Contents. corporate trust. finance. Learn about this topic in these articles: trust company. In trust company. …distinguish between personal trusts and corporate trusts, often having separate departments for the two classes.
A trust is a legal entity with separate and distinct rights, similar to a person or corporation. In a trust, a party known as a trustor gives another party, the trustee, the right to...
Trust is a function of at least two things: character and competence. Character includes ethics, your integrity, your motives, your intentions, and your intent with people. Competence includes your capabilities, your skills, your outcomes or results, and your track record. And both are vital. Character and competence are both necessary.