Corporate trust, also known as a business trust, refers to an arrangement where a group of individuals or companies holds assets and manages them for the benefit of others. This type of trust can be helpful in protecting assets, managing tax liabilities, and serving as a legal entity for businesses. Some common synonyms for corporate trust include business trust, investment trust, collective investment trust, and asset management trust. These terms all refer to the same basic concept of a group of individuals or businesses managing assets for the benefit of others. Whether you're a business owner or individual seeking to protect your assets, understanding these terms can help you make informed decisions about managing your wealth.