trust company

noun

: 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

Examples of trust company in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Notable product launches over the past year include a New York state regulated limited-purpose trust company designed to offer bank-grade custody to clients and an artificial intelligence tool that helps clients be more responsive to market events with their trading activity. Nina Bambysheva, Forbes, 18 Feb. 2025 Based on that data, over 130 million U.S. customers don’t trust companies. Jodi Daniels, Forbes, 11 Dec. 2024 Consumers worldwide don’t trust company sustainability claims thanks to reports like the one that found 42% of green claims made online by companies were exaggerated, false or deceptive. Molly Peck, USA TODAY, 25 Oct. 2024 Even fewer trust companies to use their website visits, chat bot interactions, and phone calls to customer service to tailor services to their needs, leaving a significant gap for businesses to address. Isabelle Zdatny, Fortune, 24 Oct. 2024 See All Example Sentences for trust company

Word History

First Known Use

1827, in the meaning defined above

Time Traveler
The first known use of trust company was in 1827

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Cite this Entry

“Trust company.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trust%20company. Accessed 6 Mar. 2025.

Kids Definition

trust company

noun
: a corporation (as a bank) organized to act as a trustee

Legal Definition

trust company

see company

More from Merriam-Webster on trust company

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