trustee
verb
- to put into the possession of trustee(s)
- to act as a trustee
noun
- person holding property in trust
- board member of an institution or organization who is entrusted with the administering of funds or the directing of policy
Wiktionary
Pronunciation: /tɹʌsˈtiː/
noun
Etymology: Etymology tree English trust English -ee English trustee From trust + -ee.
- 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.
“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
Etymology: Etymology tree English trust English -ee English trustee From trust + -ee.
- To commit (property) to the care of a trustee.
“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.