Corporate Trust

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Corporate Trust

The function of servicing and maintaining records for debt securities issued by a corporation.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Corporate Trust

A trust that a corporation creates to secure a bond or other debt security. That is, a corporate trust is effectively money set aside to ensure that bondholders are covered in the event of default on the issue.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
corporate trust business of Fuji Bank & Trust Co., a New York-based U.S.
Corporate trusts are a low-margin portion of the overall trust market.
"We are starting to gear up in the corporate trust business because there's not a lot of other people who will do this," says Mike O'Brien, president and chief executive officer of First Commercial Trust Co.
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