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24 relations: Commercial bank, Competition law, Corporation, Death, Debt, Education, Escrow, Executor, Fiduciary, Internal Revenue Code section 1031, Loan covenant, Management, Monopoly, Nobel Foundation, Probate, Real estate, Retirement, Securities market, Strategy, Tax, Trust (business), Trust law, Trustee, Will and testament.
Commercial bank
A commercial bank is an institution that provides services such as accepting deposits, providing business loans, and offering basic investment products.
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Competition law
Competition law is a law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies.
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Corporation
A corporation is a company or group of people or an organisation authorized to act as a single entity (legally a person) and recognized as such in law.
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Death
Death is the cessation of all biological functions that sustain a living organism.
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Debt
Debt is when something, usually money, is owed by one party, the borrower or debtor, to a second party, the lender or creditor.
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Education
Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits.
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Escrow
An escrow is a contractual arrangement in which a third party receives and disburses money or documents for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties, or an account established by a broker for holding funds on behalf of the broker's principal or some other person until the consummation or termination of a transaction; or, a trust account held in the borrower's name to pay obligations such as property taxes and insurance premiums.
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Executor
An executor is someone who is responsible for executing, or following through on, an assigned task or duty.
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Fiduciary
A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (person or group of persons).
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Internal Revenue Code section 1031
Under Section 1031 of the United States Internal Revenue Code, a taxpayer may defer recognition of capital gains and related federal income tax liability on the exchange of certain types of property.
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Loan covenant
A loan covenant is a condition in a commercial loan or bond issue that requires the borrower to fulfill certain conditions or which forbids the borrower from undertaking certain actions, or which possibly restricts certain activities to circumstances when other conditions are met.
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Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body.
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Monopoly
A monopoly (from Greek μόνος mónos and πωλεῖν pōleîn) exists when a specific person or enterprise is the only supplier of a particular commodity.
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Nobel Foundation
The Nobel Foundation (Nobelstiftelsen) is a private institution founded on 29 June 1900 to manage the finances and administration of the Nobel Prizes.
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Probate
Probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased, or whereby the estate is settled according to the laws of intestacy in the state of residence of the deceased at time of death in the absence of a legal will.
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Real estate
Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
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Retirement
Retirement is the withdrawal from one's position or occupation or from one's active working life.
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Securities market
Securities market is a component of the wider financial market where securities can be bought and sold between subjects of the economy, on the basis of demand and supply.
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Strategy
Strategy (from Greek στρατηγία stratēgia, "art of troop leader; office of general, command, generalship") is a high-level plan to achieve one or more goals under conditions of uncertainty.
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Tax
A tax (from the Latin taxo) is a mandatory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures.
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Trust (business)
A trust or corporate trust is a large grouping of business interests with significant market power, which may be embodied as a corporation or as a group of corporations that cooperate with one another in various ways.
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Trust law
A trust is a three-party fiduciary relationship in which the first party, the trustor or settlor, transfers ("settles") a property (often but not necessarily a sum of money) upon the second party (the trustee) for the benefit of the third party, the beneficiary.
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Trustee
Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any person who holds property, authority, or a position of trust or responsibility for the benefit of another.
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Will and testament
A will or testament is a legal document by which a person, the testator, expresses their wishes as to how their property is to be distributed at death, and names one or more persons, the executor, to manage the estate until its final distribution.
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Redirects here:
Preservation trust, TRUST Company, Trust (19th Century), Trust Companies, Trust bank, Trust companies.
References
[1] https://en.wikipedia.org/wiki/Trust_company
