How to Use trust company in a Sentence
trust company
noun-
There is often a remarkably high turnover of staff at the bank or trust company.
—Matthew Erskine, Forbes, 12 Mar. 2021
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It’s the first fintech trust company to get approval, which occurred while Bloom Raskin was at Treasury.
—Megan Leonhardt, Fortune, 3 Feb. 2022
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His employment contract was not with a Swiss bank but with a Cayman trust company.
—The Economist, 16 Dec. 2017
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People will be able to exchange cryptocurrencies for stocks, which will be held in a trust company owned by the exchange.
—Gian M. Volpicelli, Wired, 26 Jan. 2022
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New York state is seeking to subpoena the offshore trust company used to control both Beacon and the British estate.
—San Diego Union-Tribune, 24 Sep. 2019
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The Freedmen’s Bank, a savings and trust company with deposits from the newly freed, was opened by the federal government in 1865.
—Kia Gregory, The New Republic, 31 May 2018
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Dennis Gingold, a lawyer who co-founded the Colorado trust company, agreed.
—Jane Mayer, The New Yorker, 16 Apr. 2022
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Under the plan, states and local governments would select the board of directors that would oversee the new public trust company.
—Washington Post, 16 Mar. 2021
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In turn, some funds run by trust companies have halted payments of interest or principal to their own backers.
—WSJ, 11 July 2019
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This fee may be more or less, depending on factors such as applicable state law, the family’s assets and the trust company.
—Cheryl Winokur Munk, WSJ, 21 Oct. 2018
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What if instead of trusting companies to hold all your data the information always stayed with you, on your computer or a cloud storage provider of your choice?
—Brian Fung, Philly.com, 23 Mar. 2018
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Dallas County deed records identify a trust company in Wyoming.
—Steve Brown, Dallas News, 1 Mar. 2021
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No other retail bank, credit union, mortgage lender, trust company, etc.
—Eplunus Colvin, Arkansas Online, 24 Oct. 2022
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Using this number, the administrator should open one or more accounts at a bank or trust company to hold the estate’s cash and investment grade assets.
—Dallas News, 16 May 2021
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Citibank’s trust and estate planning office promptly hired McDowell to charter a trust company in South Dakota.
—Timothy Noah, The New Republic, 6 Oct. 2021
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The trusts are sponsored by banks and trust companies, and so are primarily overseen by banking regulators.
—Bailey McCann, WSJ, 3 June 2018
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But generally, lawyers, trust companies, accountants and investment managers may be involved and thus will need to get paid.
—Ben Steverman, latimes.com, 16 May 2018
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Fraud prevention and digital trust company Sift has hired Mary Writz as senior vice president of product.
—Paige McGlauflin, Fortune, 13 Sep. 2022
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But will users want the tech industry’s least-trusted company facilitating video chats?
—Chavie Lieber, Vox, 8 Oct. 2018
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The company would be reformed into a public trust company overseen by an independent board that would steer profits to addressing the crisis.
—BostonGlobe.com, 1 Sep. 2021
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Yes, the sole point of the merger is to take the business public via that blank check company, which had no operations and a corporate headquarters that likely was just a filing cabinet in some trust company office.
—Star Tribune, 27 Jan. 2021
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Some ultra-wealthy families form a private trust company from their single-family office.
—Matthew Erskine, Forbes, 12 Mar. 2021
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Members of the Sackler family would give up ownership of the company, which would become a public trust company overseen by an independent board that would steer profits to addressing the crisis.
—Washington Post, 17 Dec. 2021
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Fears of financial contagion were stoked earlier this month when Zhongrong Trust, one of the country’s largest private trust companies, missed payments on several of its investment products to its investors.
—Laura He, CNN, 31 Aug. 2023
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Consumers are trusting companies with vast amounts of intimate data and receiving very little assurance that it will be properly handled and secured.
—Jessi Hempel, WIRED, 24 Apr. 2018
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Angry demonstrators even protested recently outside of the office of the trust company, demanding payouts on high-yield products, according to videos posted on Chinese social media seen by CNN.
—Laura He, CNN, 21 Aug. 2023
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Caring and high-trust company cultures with a sense of purpose and clarity are consistently associated with strong revenue and stock performance.
—Ed Frauenheim, Fortune, 27 Feb. 2018
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But concerns have intensified this month following defaults by Country Garden, once the country’s largest developer by property sales, and Zhongrong Trust, a top trust company.
—Laura He, CNN, 21 Aug. 2023
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The rankings are determined by anonymous employee survey feedback on how much workers trust company leaders, whether people are treated with respect, fairness of workplace decisions, and camaraderie in the workplace.
—Marcia Heroux Pounds, sun-sentinel.com, 11 July 2019
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For example, in one instance, a trust company with roughly $30 billion of crypto assets under custody has only a $7 million minimum capital requirement today.
—Caitlin Long, Forbes, 4 June 2022
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'trust company.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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