trust
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trust
An economic merger of several companies under unified management, often with the aim of controlling the market and gaining a monopoly position.
Die Regierung versuchte, die Macht der großen Trusts durch Gesetze zu beschränken.
The government tried to limit the power of the large trusts through laws.
trust
A legal arrangement, especially from Anglo-American law, in which assets are managed by a trustee for a beneficiary.
Er richtete einen Trust ein, um die Ausbildung seiner Enkelkinder zu finanzieren.
He set up a trust to finance his grandchildren's education.
'Trust' is a word borrowed directly from English. It is therefore pronounced similarly to English and has meanings in the fields of business and law.
Der Milliardär hat sein Vermögen in einem Trust organisiert.
The billionaire organized his assets in a trust.
You can recognize the meaning from the context: If it is about monopolies and economic history, it means a merger of companies. If it is about inheritance and asset management, it means a trust arrangement.
Das Kartellamt prüft die Bildung des neuen Trusts.
The antitrust authority is examining the formation of the new trust.
In a business context, 'Trust' (trust) is often used with verbs such as 'bilden' (to form), 'gründen' (to found), or also 'zerschlagen' (to break up) and 'bekämpfen' (to fight) when it is about monopoly control.
Die Regierung erließ Gesetze, um die mächtigen Trusts zu zerschlagen.
The government passed laws to break up the powerful trusts.
In a legal and financial context, typical verbs are 'einen Trust einrichten' (to set up a trust), 'einen Trust auflösen' (to dissolve a trust), or 'Vermögen in einen Trust überführen' (to transfer assets into a trust).
Er hat einen Trust eingerichtet, um sein Erbe zu regeln.
He set up a trust to arrange his inheritance.
corporation / group
Konzern and Trust refer to an association of several companies under unified management. Konzern is the general term for such a group of companies, while Trust places greater emphasis on the goal of market dominance or a monopoly position. Use Konzern for the neutral structure and Trust when this particular goal is involved.
Der Trust vereinte mehrere Unternehmen, um den Markt zu kontrollieren.
The trust brought several companies together in order to control the market.
Der Konzern führt seine rechtlich selbstständigen Tochtergesellschaften gemeinsam.
The corporate group manages its legally independent subsidiaries jointly.
