Definition of corporate trust Corporate trust
We found 2 definitions of corporate trust from 2 different sources.
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What does corporate trust mean?
WordNet
Noun |
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| corporate trust - 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" | ||
| trust, combine, cartel | ||
| consortium, syndicate, pool an association of companies for some definite purpose | ||
| drug cartel an illicit cartel formed to control the production and distribution of narcotic drugs; "drug cartels sometimes finance terrorist organizations" | ||
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OmegaWiki DictionaryOmegaWiki Dictionary Ω
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corporate trust
A group of organisations in an industry which agree on maintaining high prices and effectively killing competition.
