An arrangement in which the stock of several companies is controlled by a single entity. When the companies compete in the same industry and together constitute a significant share of that market, the trust can exercise monopoly power. Such arrangements are illegal in most industrialized countries, subject to competition policies or anti-trust policy.
Browse by Subjects
trust deed
unit trust
quid pro quo
trust company
See All Related Terms »

Clearing Corporation
return on net assets
debenture stock
favourable variance