Download the app
educalingo
Search

Meaning of "Trustee Savings Bank" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF TRUSTEE SAVINGS BANK

Trustee Savings Bank  [ˈtrʌstiː ˈseɪvɪŋz bæŋk] play
facebooktwitterpinterestwhatsapp

GRAMMATICAL CATEGORY OF TRUSTEE SAVINGS BANK

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Trustee Savings Bank is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES TRUSTEE SAVINGS BANK MEAN IN ENGLISH?

Trustee Savings Bank

Trustee Savings Bank

The Trustee Savings Bank was a British financial institution. Trustee savings banks originated to accept savings deposits from those with moderate means. Their shares were not traded on the stock market but, unlike with mutually held building societies, depositors had no voting rights; nor did they have the power to direct the financial and managerial goals of the organisation. Directors were appointed as trustees on a voluntary basis. The first trustee savings bank was established by Reverend Henry Duncan of Ruthwell in Dumfriesshire for his poorest parishoners in 1810 with its sole purpose being to serve the local people in the community. Between 1970 and 1985, the various trustee savings banks in the United Kingdom were amalgamated into a single institution named TSB Group plc, which was floated on the London Stock Exchange. In 1995, the TSB merged with Lloyds Bank to form Lloyds TSB, at that point the largest bank in the UK by market share and the second-largest by market capitalisation.

Definition of Trustee Savings Bank in the English dictionary

The definition of Trustee Savings Bank in the dictionary is a British financial institution which offered savings facilities for small investors and was managed by unpaid trustees. Depositors had no voting rights and no say in financial or managerial matters. The bank is now a public limited company with the same rights and services as other banks and only retains the title in the abbreviated form TSB.

WORDS THAT RHYME WITH TRUSTEE SAVINGS BANK


banc
bæŋk
bank
bæŋk
biobank
ˈbaɪəʊˌbæŋk
claybank
ˈkleɪˌbæŋk
Clydebank
ˌklaɪdˈbæŋk
cryobank
ˈkraɪəˌbæŋk
embank
ɪmˈbæŋk
Firbank
ˈfɜːbæŋk
interbank
ɪntəˈbæŋk
Medibank
ˈmɛdɪbæŋk
mountebank
ˈmaʊntɪˌbæŋk
multibank
ˌmʌltɪˈbæŋk
nonbank
ˌnɒnˈbæŋk
sandbank
ˈsændˌbæŋk
seabank
ˈsiːˌbæŋk

WORDS THAT BEGIN LIKE TRUSTEE SAVINGS BANK

Trust Territory of New Guinea
trustability
trustable
trustafarian
trustbuster
trustbusting
trusted
trustee
trustee account
trustee in bankruptcy
trustee investment
trusteeship
Trusteeship Council

WORDS THAT END LIKE TRUSTEE SAVINGS BANK

central bank
crank
dank
Dogger Bank
drank
European Central Bank
European Investment Bank
Federal Reserve Bank
frank
hank
Jodrell Bank
Left Bank
National Savings Bank
prank
rank
tank
thank
the West Bank
West Bank
World Bank

Synonyms and antonyms of Trustee Savings Bank in the English dictionary of synonyms

SYNONYMS

Translation of «Trustee Savings Bank» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF TRUSTEE SAVINGS BANK

Find out the translation of Trustee Savings Bank to 25 languages with our English multilingual translator.
The translations of Trustee Savings Bank from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «Trustee Savings Bank» in English.

Translator English - Chinese

信托储蓄银行
1,325 millions of speakers

Translator English - Spanish

Trustee Savings Bank
570 millions of speakers

English

Trustee Savings Bank
510 millions of speakers

Translator English - Hindi

ट्रस्टी बचत बैंक
380 millions of speakers
ar

Translator English - Arabic

الوصي مصرف الادخار
280 millions of speakers

Translator English - Russian

Доверенное Сбербанк
278 millions of speakers

Translator English - Portuguese

Trustee Savings Bank
270 millions of speakers

Translator English - Bengali

ট্রাস্টি সেভিংস ব্যাংক
260 millions of speakers

Translator English - French

Trustee Savings Bank
220 millions of speakers

Translator English - Malay

Bank Simpanan Pemegang Amanah
190 millions of speakers

Translator English - German

Treuhänder Sparkassen
180 millions of speakers

Translator English - Japanese

トラスティ貯蓄銀行
130 millions of speakers

Translator English - Korean

이사 저축 은행
85 millions of speakers

Translator English - Javanese

Trustee Savings Bank
85 millions of speakers
vi

Translator English - Vietnamese

Ủy thác Ngân hàng tiết kiệm
80 millions of speakers

Translator English - Tamil

அறக்கட்டளை சேமிப்பு வங்கி
75 millions of speakers

Translator English - Marathi

ट्रस्टी सेव्हिंग्ज बँक
75 millions of speakers

Translator English - Turkish

Mütevelli Tasarruf Bankası
70 millions of speakers

Translator English - Italian

Trustee Savings Bank
65 millions of speakers

Translator English - Polish

Powiernik Savings Bank
50 millions of speakers

Translator English - Ukrainian

Довірена Сбербанк
40 millions of speakers

Translator English - Romanian

Mandatar Banca de Economii
30 millions of speakers
el

Translator English - Greek

Trustee Savings Bank
15 millions of speakers
af

Translator English - Afrikaans

Kurator Spaarbank
14 millions of speakers
sv

Translator English - Swedish

Trustee Sparbank
10 millions of speakers
no

Translator English - Norwegian

Tillitsmannen Savings Bank
5 millions of speakers

Trends of use of Trustee Savings Bank

TRENDS

TENDENCIES OF USE OF THE TERM «TRUSTEE SAVINGS BANK»

The term «Trustee Savings Bank» is used very little and occupies the 178.661 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Rarely used
17
/100
The map shown above gives the frequency of use of the term «Trustee Savings Bank» in the different countries.
Principal search tendencies and common uses of Trustee Savings Bank
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «Trustee Savings Bank».

FREQUENCY OF USE OF THE TERM «TRUSTEE SAVINGS BANK» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «Trustee Savings Bank» during the past 500 years. Its implementation is based on analysing how often the term «Trustee Savings Bank» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about Trustee Savings Bank

EXAMPLES

10 ENGLISH BOOKS RELATING TO «TRUSTEE SAVINGS BANK»

Discover the use of Trustee Savings Bank in the following bibliographical selection. Books relating to Trustee Savings Bank and brief extracts from same to provide context of its use in English literature.
1
India's Economic Development Strategies, 1951-2000 A.D.
Following an amendment to the Trustee Savings Bank Act passed in 1957, the 5 trustee savings banks that had survived from the middle of the last century were joined by 8 new trustee savings banks between 1959 and 1964. In 1972, 2 of ...
J. N. Mongia, 1986
2
The Growth and Role of UK Financial Institutions, 1880-1966
... of the trustee savings bank. Indeed, as the period progressed, the Government's interest in the operations of the longerterm segment of the capital market became more extensive. For example, other measures were periodically introduced to ...
D.K. Sheppard, 2013
3
National Debt in Britain, 1850-1930
Finally, in order that a Trustee Savings Bank may not be designated or described in a manner which irn]x>rts that the Government is responsible or liable to depositors for money placed in the safe keeping of the Bank, it is enacted that no other ...
Jeremy Wormell, 1999
4
British Historical Statistics
[3] The Trustee Savings Bank figures are for cash only, and do not include stock owing to depositors. (Amount due to Trustee Savings Banks Special [a) The balance [671] Financial Institutions 8. Savings Bank Deposits - United Kingdom 1817- ...
Brian R. Mitchell, 1988
5
Ellinger's Modern Banking Law
Sections 3(1)–(3) of the Trustee Savings Banks Act 1985 accordingly made provision for the transfer of all the individ- ual trustee savings banks' assets and liabilities (whether transferable or not)59 to a new company, the Trustee Savings Bank ...
E.P. Ellinger, E. Lomnicka, C. Hare, 2011
6
Official Year Book of the Commonwealth of Australia No. 37 - ...
... but information supplied to the Royal Commission on Monetary and Banking Systems for all savings banks except the Hobart Trustee Savings Bank shows that at 30th June, 1936 the amount on deposit in accounts with balances of less than ...
Austràlia. Commonwealth Bureau of Census and Statistics, 1952
7
Global Forum on Transparency and Exchange of Information for ...
A Trustee Savings Bank is an institution in the nature of a bank that serves local communities The management of a Trustee Savings Bank is vested in its trustees , of which there must be at least 5 and no more than 10 Trustee Savings Banks ...
OECD, 2013
8
Global Forum on Transparency and Exchange of Information for ...
A Trustee Savings Bank is an institution in the nature of a bank that serves local communities. The management of a Trustee Savings Bank is vested in its trustees, of which there must be at least 5 and no more than 10. Trustee Savings Banks ...
OECD, 2011
9
The Banks and the Monetary System in the UK, 1959-1971
... for the introduction of investment account facilities, and the Trustee Savings Bank Act, 1964, had to be passed before the trustee banks could offer a current account service. Whereas the commercial banks, in the absence of suspected fraud, ...
J.E. Wadsworth, 2013
10
Facing Up to the Risks: How Financial Institutions Can ...
In the United Kingdom, Lloyds Bank purchased a majority stake in Abbey Life, while Trustee Savings Bank continued to build its own insurance operation. The only reason major companies in the United States and Japan have not followed ...
Dominic Casserley, 1993

10 NEWS ITEMS WHICH INCLUDE THE TERM «TRUSTEE SAVINGS BANK»

Find out what the national and international press are talking about and how the term Trustee Savings Bank is used in the context of the following news items.
1
TSB float: Last chance to get in on the ground
TSB – previously an acronym for Trustee Savings Bank – was formed in 1985 when a ... For this reason, the bank revived the TSB brand and put it up for sale. «Yahoo Finance UK, Jun 14»
2
Trustafarian Savings Bank quits nest in cut-price IPO
Trustee Savings Bank conforms to that type. The unit, which owner Lloyds is now floating at a valuation of about £1.27bn, had planned to move in with on-off ... «Financial Times, Jun 14»
3
Banks will have to make canny choices if Scotland votes 'yes'
The Trustee Savings Bank was talking up its roots as a 19th-century Dumfriesshire start-up on Tuesday as it set out plans to float. So it would be ironic if financial ... «Financial Times, May 14»
4
TSB don't rule out link between move to London HQ and vote on …
Britain's first trustee savings bank was established by the Rev Henry Duncan of Ruthwell, Dumfriesshire, in 1810 to serve the poorest in the community. The idea ... «Express.co.uk, Feb 14»
5
Born-again TSB appoints financier as new chairman
CITY financier Will Samuel has been appointed chairman of TSB, the institution ... This harks back to the founding of the Trustee Savings Bank movement in ... «Herald Scotland, Feb 14»
6
INVESTMENT EXTRA: Banking on TSB as a good buy
It is almost two decades since the original TSB (short for Trustee Savings Bank) dispensed with 185 years of history and threw its lot in with the Black Horse. «This is Money, Oct 13»
7
BEN GRIFFITHS: Trustee Savings Bank back on the High Street
The TSB, as the bank was latterly known before being consumed by Lloyds, ... Before Lloyds acquired TSB the bank had run into trouble after acquired City ... «This is Money, Sep 13»
8
Resurrecting the TSB would be fine if it were to be truly a savings bank
But in the past a “trustee savings bank” was something quite specific and different from a modern bank. Perhaps we are missing an opportunity to reconstitute ... «Telegraph.co.uk, Aug 13»
9
Five million who bank with Lloyds to become TSB customers
Five million Lloyds customers had already been told they would be moving to TSB - the old Trustee Savings Bank which Lloyds owns, but has not been on the ... «This is Money, May 13»
10
IPO flurry to give investors pick of new UK banks
All five groups -- Williams & Glyn's, Trustee Savings Bank (TSB), NAB's Clydesdale, Virgin Money and Santander UK -- could end up listing in the next 12-36 ... «Reuters UK, Apr 13»

REFERENCE
« EDUCALINGO. Trustee Savings Bank [online]. Available <https://educalingo.com/en/dic-en/trustee-savings-bank>. Apr 2024 ».
Download the educalingo app
en
English dictionary
Discover all that is hidden in the words on
index
a b c d e f g h i j k l m n o p q r s t u v w x y z