(Fiducie) Organization which acts as a fiduciary, trustee, or agent for individuals and businesses in the administration of trust funds, estates, and custodial arrangements
Organization usually combined with a commercial bank, which is engaged as a trustee for individuals or businesses in the administration of Trust funds, estates, custodial arrangements, stock transfer and registration, and other related services
an organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services
A financial institution that operates under either provincial or federal legislation, and conducts activities similar to those of a bank However, because of its fiduciary role, a trust company can administer estates, trusts, pension plans and agency contracts, which banks cannot do directly
A company formed under The Loan and Trust Act and operates as a private intermediary and also acts as a deposit-accepting institution which also makes loans
A commercial bank or other corporation that manages trusts. Company, often a commercial bank, acting as trustee for individuals and businesses and providing related financial or estate-planning services. Trust services for individuals commonly include the administration of estates, living trusts (trusts that become effective during the lifetimes of their makers, or settlors), and testamentary trusts (trusts originating in a will). Services for businesses include the administration of corporate bond indentures and corporate pension funds. Trust companies may also serve as corporate stock registrars and as paying agents for the distribution of dividends