A company formed to act as a trustee or to deal with trusts.
信托公司(充当受托人或受理信托业务的公司)
Example sentencesExamples
Furthermore, if either of the divorcing couple are only discretionary beneficiaries, they cannot call upon any of the assets or income of the trust, unless they also control the trust company.
Ultimately the majority of the committee, whilst feeling that the proposal had merit, believed that the ability of a trust company to transact business with its parent company should be controlled by Parliament.
Rather than sell a small noncontrolling stake, the trust company figured selling its entire stake would bring a higher price per share, a so-called control premium.
To avoid some or all of these potential problems, you should discuss the possibility of naming a financial institution or trust company to serve as sole trustee, or as co-trustee.
You can choose a person you trust or a trust company to serve as trustee to manage the funds during your wife's lifetime.
Definition of trust company in US English:
trust company
nountrəst ˈkəmp(ə)nē
A company formed to act as a trustee or to deal with trusts.
信托公司(充当受托人或受理信托业务的公司)
Example sentencesExamples
Ultimately the majority of the committee, whilst feeling that the proposal had merit, believed that the ability of a trust company to transact business with its parent company should be controlled by Parliament.
Rather than sell a small noncontrolling stake, the trust company figured selling its entire stake would bring a higher price per share, a so-called control premium.
You can choose a person you trust or a trust company to serve as trustee to manage the funds during your wife's lifetime.
Furthermore, if either of the divorcing couple are only discretionary beneficiaries, they cannot call upon any of the assets or income of the trust, unless they also control the trust company.
To avoid some or all of these potential problems, you should discuss the possibility of naming a financial institution or trust company to serve as sole trustee, or as co-trustee.