Corporate Trust
/ˈkɔːrpərɪt trʌst/
Definitions
- (n.) A fiduciary relationship where a trustee manages corporate assets or bond issuances for the benefit of investors or creditors.
The corporate trust ensures bondholders receive timely interest payments.
- (n.) A financial institution or trust company that acts as trustee for corporate debt securities or other financial arrangements.
The corporate trust handled the administration of the bond indenture.
Forms
- corporate trust
- corporate trusts
Related terms
See also
Commentary
Often involves specialized financial and legal administration duties distinct from typical trusts; drafting should clarify the trustee's powers and obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.