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Trustee
//tɹʌsˈtiː// noun, verb
Definitions
Noun
- 1 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."
- 2 members of a governing board wordnet
- 3 A person in whose hands the effects of another are attached in a trustee process.
- 4 a person (or institution) to whom legal title to property is entrusted to use for another's benefit wordnet
Verb
- 1 To commit (property) to the care of a trustee. transitive
"to trustee an estate"
- 2 To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor. transitive
Etymology
Etymology 1
From trust + -ee.
Etymology 2
From trust + -ee.
See also for "trustee"
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