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Glite Dictionary
corporate trust

corporate trust

6.9
A group of companies that join to control prices and limit competition
  • noun
  • /ˈkɔːrpərɪt trʌst/
  • Archaic
translation icon : fideicomiso corporativo
  • Many companies are part of a corporate trust to reduce competition.
  • corporate trust business

Examples

  • The corporate trust was formed to improve market efficiency.

  • The corporate trust was established to manage the assets of several independent companies more efficiently.

  • Legislation was introduced to break up the corporate trust and encourage free market competition.

  • Several railroad companies formed a corporate trust to fix prices and divide up territories.

  • The oil industry was dominated by a powerful corporate trust in the early twentieth century.

  • Many companies formed a corporate trust to monopolize the market and limit competition in the industry.

  • A corporate trust can help small businesses collaborate on large projects without losing their independence.

Synonyms

cartel
vscorporate trust
210 7.9

A group of businesses that agree to control production and prices to limit competition

focuses on controlling production and distribution rather than pricing or marketing
trust
vscorporate trust
  • Archaic
45 7.0

A group of companies that work together to control a market

refers to independent companies joining to control production and restrict competition
combine
vscorporate trust
3 7.1

A group of companies that join to control production and reduce competition

highlights control of production and distribution with intent to restrict competition

How Monopolistic

monopoly
  • Specialized
148 4.9
corporate trust
  • Archaic
6.9
cartel
210 7.9
alliance
832 4.0
partnership
161 2.9

Surface Forms

corporate trust singular
corporate trusts plural

Morphology

corporate + trust

The meaning is directly compositional: 'corporate' specifies the type of 'trust', so a learner who knows 'trust' in the business sense will infer a grouping of companies formed to control production or prices. Although somewhat domain-specific/legal vocabulary, the noun–noun combination follows standard compositional patterns and is therefore transparent to learners who know the constituent senses.

Etymology

Corporate trust comes from a simple idea: several companies, the corporate part, put their power into a single group, a trust, so that group would act for them and set prices or divide areas. So a corporate trust is a group of companies acting together to 'control the market' and often 'restrict competition'.