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corporate trust meaning and definition

Definition and meaning of corporate trust at MeaningMonkey.org. corporate trust meaning and definition in the English Dictionary.

CORPORATE TRUST noun

Definition of corporate trust (noun)

a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service
- "they set up the trust in the hope of gaining a monopoly"
- synonyms: cartel, combine, trust

Source: Princeton University Wordnet

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