Pronunciations
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/tɹʌsˈtiː/
Noun
A person to whom property is legally committed in trust, to be applied either for the benefit of specified individuals (beneficiaries), or for public uses; one who is intrusted with property for the benefit of another.
- Examples
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More examples (1)
The trust property is now managed by a trustee who holds formal title to the asset; the trustee can sell it, but only for the benefit of the beneficiary, and he must replace it with like assets.
A person in whose hands the effects of another are attached in a trustee process.
Verb
To commit (property) to the care of a trustee.
Usage- Transitive
- Examples
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to trustee an estate
To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor.
Usage- Transitive
Noun
a person (or institution) to whom legal title to property is entrusted to use for another's benefit
- Synonyms
- Broader terms
members of a governing board
- Synonyms
- Broader terms