What is another word for corporate trust?

39 synonyms found


[ kˈɔːpəɹət tɹˈʌst], [ kˈɔːpəɹət tɹˈʌst], [ k_ˈɔː_p_ə_ɹ_ə_t t_ɹ_ˈʌ_s_t]

Corporate trust, also known as a business trust, refers to an arrangement where a group of individuals or companies holds assets and manages them for the benefit of others. This type of trust can be helpful in protecting assets, managing tax liabilities, and serving as a legal entity for businesses. Some common synonyms for corporate trust include business trust, investment trust, collective investment trust, and asset management trust. These terms all refer to the same basic concept of a group of individuals or businesses managing assets for the benefit of others. Whether you're a business owner or individual seeking to protect your assets, understanding these terms can help you make informed decisions about managing your wealth.

Synonyms for Corporate trust:

How to use "Corporate trust" in context?

A corporate trust is a legal structure used by corporations to broaden the legal ownership and responsibility for the company's assets. In a corporate trust, the trust deed (the legal document) creates a trust that owns the shares of the corporation. The trust accountants keep track of the corporation's business, tax filings, and any other legal responsibilities that the trust has. The trust allows the corporation to maintain a separate legal identity while benefiting from the economies of scale and financial stability that come with owning shares of a large company. Corporate trusts are popular in countries with strong legal systems and corporate governance structures, such as the United States and Canada.

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