Trust Company

Pronunciation: /trʌst ˈkʌmpəni/

Definitions of trust company

noun a company that acts as a fiduciary, trustee, or agent for individuals or businesses in the management of assets, estates, or investments

Example Sentences

A1 I opened a savings account at the trust company.

A2 The trust company manages my investments.

B1 I consulted with a trust company to create a will.

B2 The trust company provides fiduciary services for high-net-worth individuals.

C1 The trust company has a stellar reputation for estate planning.

C2 Investors trust the company's expertise in managing their assets.

Examples of trust company in a Sentence

formal The trust company manages assets on behalf of clients and ensures they are invested wisely.

informal My friend works at a trust company and helps people with their financial planning.

slang I heard the trust company is where all the big shots go to grow their money.

figurative In a way, a trust company is like a financial guardian, guiding your investments and protecting your wealth.

Grammatical Forms of trust company

• plural: trust companies
• comparative: more trust company
• superlative: most trust company
• present tense: trust company
• future tense: will trust company
• perfect tense: have trusted company
• continuous tense: is trust company
• singular: trust company
• positive degree: trust company
• infinitive: to trust company
• gerund: trusting company
• participle: trusted company

Origin and Evolution of trust company

First Known Use: 1890 year

Language of Origin: English

Story behind the word: The term 'trust company' originated in the United States during the late 19th century.

Evolution of the word: Originally, trust companies were established to provide trust and fiduciary services, such as managing estates and trusts. Over time, their services expanded to include a wider range of financial services, such as investment management and corporate trust services.