Word info Synonyms Antonyms

trustee

Speech parts

1. trustee - Noun

2. trustee - Verb

Meaning

A person to whom property is legally committed in trust, to be applied either for the benefit of specified individuals, or for public uses; one who is intrusted with property for the benefit of another; also, a person in whose hands the effects of another are attached in a trustee process.

To commit (property) to the care of a trustee; as, 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.

Source: Webster's dictionary

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Examples

A trustee has a responsibility to guard the assets of others with a higher degree of care than he does his own. John Ashcroft

O son of Adam, if you have collected anything in excess of your actual need, you will act only as its trustee for someone else to use it. Ali

The notion that you have a blind trust but you can tell your trustee when to sell stock in it just doesn't make any sense. It means you have a seeing eye trust and not a blind trust. It's ridiculous. Bill Frist

A 72-year-old former corporator in Nagpur, who was once the chairman of the civic bodys standing committee, now works as a security guard at a city-based institution in which he was a trustee in the past. Source: Internet

Additionally, a bankrupt is required to provide his or her trustee with details of income and assets. Source: Internet

An owner placing property into trust turns over part of his or her bundle of rights to the trustee, separating the property's legal ownership and control from its equitable ownership and benefits. Source: Internet

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