corporate trust (Meaning)
corporate trust (n)
a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service
Synonyms & Antonyms of corporate trust
No Synonyms and anytonyms found
corporate trust Sentence Examples
- A corporate trust serves as a fiduciary entity responsible for managing assets on behalf of investors.
- Investors place their assets in a corporate trust, entrusting the trustee to administer them in accordance with specified terms and conditions.
- The role of a corporate trust is to safeguard assets and ensure they are used for their intended purposes.
- Corporate trusts are commonly used in bond issuances, where the trustee represents the interests of bondholders.
- The trustee of a corporate trust is obligated to act in the best interests of the beneficiaries and exercise due diligence in managing the assets.
- Corporate trusts play a vital role in facilitating financial transactions and providing a layer of security for investors.
- The terms of a corporate trust agreement outline the rights and responsibilities of both the trustee and the beneficiaries.
- Investors rely on the expertise and integrity of the trustee when entrusting their assets to a corporate trust.
- Corporate trusts may be established for various purposes, including managing pension funds, employee benefits, and charitable donations.
- The trustee's duty of loyalty and prudence is paramount in fulfilling its responsibilities within a corporate trust.
FAQs About the word corporate trust
a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service
No synonyms found.
No antonyms found.
A corporate trust serves as a fiduciary entity responsible for managing assets on behalf of investors.
Investors place their assets in a corporate trust, entrusting the trustee to administer them in accordance with specified terms and conditions.
The role of a corporate trust is to safeguard assets and ensure they are used for their intended purposes.
Corporate trusts are commonly used in bond issuances, where the trustee represents the interests of bondholders.
