trustee

From Wiktionary, the free dictionary
Jump to navigation Jump to search

English

[edit]
English Wikipedia has an article on:
Wikipedia

Etymology

[edit]

From trust +‎ -ee.

Pronunciation

[edit]
  • IPA(key): /tɹʌsˈtiː/
  • Audio (US):(file)
  • Rhymes: -iː

Noun

[edit]

trustee (plural trustees)

  1. (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.
    • 2020, Katharina Pistor, “2: Coding Land”, in The Code of Capital [] , Princeton University Press, →ISBN:
      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. A person in whose hands the effects of another are attached in a trustee process.

Derived terms

[edit]

Translations

[edit]

See also

[edit]

Verb

[edit]

trustee (third-person singular simple present trustees, present participle trusteeing, simple past and past participle trusteed)

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

Anagrams

[edit]