English Dictionary |
CORPORATE TRUST
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Dictionary entry overview: What does corporate trust mean?
• CORPORATE TRUST (noun)
The noun CORPORATE TRUST has 1 sense:
1. a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service
Familiarity information: CORPORATE TRUST used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service
Classified under:
Nouns denoting groupings of people or objects
Synonyms:
cartel; combine; corporate trust; trust
Context example:
they set up the trust in the hope of gaining a monopoly
Hypernyms ("corporate trust" is a kind of...):
consortium; pool; syndicate (an association of companies for some definite purpose)
Hyponyms (each of the following is a kind of "corporate trust"):
drug cartel (an illicit cartel formed to control the production and distribution of narcotic drugs)
oil cartel (a cartel of companies or nations formed to control the production and distribution of oil)
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