What is another word for corporate trust?
Pronunciation:
[ kˈɔːpəɹət tɹˈʌst], [ kˈɔːpəɹət tɹˈʌst], [ k_ˈɔː_p_ə_ɹ_ə_t t_ɹ_ˈʌ_s_t]
Synonyms for Corporate trust:
-
n.
• cartel • combine • corporate trust Other relevant words:
- aggregate ,
- believe ,
- blend ,
- coalesce ,
- combining ,
- commingle ,
- commit ,
- compound ,
- confide ,
- confidence ,
- conflate ,
- corporate trust ,
- crime syndicate ,
- desire ,
- entrust ,
- faith ,
- flux ,
- fuse ,
- hope ,
- immix ,
- intrust ,
- kitty ,
- meld ,
- merge ,
- mix ,
- mob ,
- pocket billiards ,
- pond ,
- puddle ,
- reliance ,
- trustfulness ,
- trustingness ,
- unite .
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.
Word of the Day
- Synonyms:
- work, pull one's weight.
