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financial institution vs trust company

trust company vs financial institution

financial institution and trust company both are nouns.

Word NounAdjectiveVerbAdverb
financial institution Yes No No No
trust company Yes No No No
As nouns, trust company is a hyponym of financial institution; that is, trust company is a word with a more specific, narrower meaning than financial institution:
  • financial institution: an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets
  • trust company: an organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services
financial institution (noun) trust company (noun)
an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets an organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services
Difference between financial institution and trust company

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