Trustee Definition & Meaning - Merriam-Webster
WebThe meaning of TRUSTEE is a natural or legal person to whom property is legally committed to be administered for the benefit of a beneficiary (such as a person or a charitable organization). How to use trustee in a sentence.
What Is a Trustee? Definition, Role, and Duties - Investopedia
WebFeb 29, 2024 · A trustee is a person or firm that holds and administers property or assets for the benefit of a third party. A trustee may be appointed for various purposes,...
TRUSTEE Definition & Meaning | Dictionary.com
WebA trustee is a person who is appointed to administer the affairs of a company or other organization. Often such an organization will have a group, or a board, of trustees . A trustee can also be a person who holds the title to a property for someone else.
TRUSTEE | English meaning - Cambridge Dictionary
WebAdd to word list. a person or organization legally chosen to work alone or as part of a group to manage money or property for others: The pension fund is managed by a …
Trustee - Wikipedia
WebTrustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any individual who holds property, authority, or a position of trust or responsibility for the benefit of another.
Trustee - Definition, Meaning & Synonyms | Vocabulary.com
WebA trustee is someone who is responsible for another person's money or property. Trustees sometimes oversee investment accounts or make sure a property is being taken care of. Trustee is a legal term that's often used when people write wills or set up trusts —funds that are set aside for specific recipients, usually called beneficiaries .
TRUSTEE definition and meaning | Collins English Dictionary
Web4 days ago · noun. ( Insurance: Life insurance, Pensions) A trustee is a person who has control of money or property that is in a trust for someone else. Either on the death of the life assured or on maturity of the policy, the insurance company will have to make the payment to the trustees appointed.
trustee noun - Definition, pictures, pronunciation and usage …
Webtrustee. a person or an organization that has control of money or property that has been put into a trust for somebody. The bank will act as trustees for the estate until the child is 18.
Trustee - definition of trustee by The Free Dictionary
Webn. 1. Law The person in a trust relationship who holds title to property for the benefit of another. 2. A member of a board elected or appointed to direct the funds and policy of an institution. 3. A country responsible for supervising a trust territory. See Usage Note at -ee 1. v. trus·teed, trus·tee·ing, trus·tees. v.tr.
trustee | definition in the Cambridge Learner’s Dictionary
Websomeone who has legal control over someone else's money or possessions. Want to learn more? Improve your vocabulary with English Vocabulary in Use from Cambridge. …
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