Trust (business)
LARGE GROUPING OF BUSINESS INTERESTS WITH SIGNIFICANT MARKET POWER; A LARGE CORPORATION, CORPORATE GROUP, OR TRADE ASSOCIATION THAT HOLDS A DOMINANT POSITION IN ITS SECTOR OF ACTIVITY
Trust (19th century); Trust (monopoly); Trust agreement; Trust-busting era
A trust or corporate trust is a large grouping of business interests with significant market power, which may be embodied as a corporation or as a group of corporations that cooperate with one another in various ways. These ways can include constituting a trade association, owning stock in one another, constituting a corporate group (sometimes specifically a conglomerate), or combinations thereof.