Trustee

Quick meaning: Trustee is a noun meaning A person in whose hands the effects of another are attached in a trustee process.

Meaning

A person in whose hands the effects of another are attached in a trustee process.

More Meanings

1. (transitive) To commit (property) to the care of a trustee.
2. (transitive) To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor.
3. (trust law) 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.

Example Sentences

to trustee an estate

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.

Word Forms

• trustees
• trusteeing
• trusteed

Synonyms for trustee

Depending on context, synonyms include regent.

Related Words

Related dictionary entries include regent, fiduciary, trusteeship, bailee, estate, debtor.

Related Dictionary Tools