A person who manages an inheritance left for a child and who distributes the money to the child is an example of a trustee.
- a person to whom another's property or the management of another's property is entrusted
- a nation under whose authority a trust territory is placed
- any of a group or board of persons appointed to manage the affairs of an institution or organization
- ⌂ in some U.S. states, a person in whose hands the property of a debtor is attached by means of garnishment; garnishee
- to commit (property or management) to a trustee or trustees
- ⌂ to attach by means of garnishment
- Law The person in a trust relationship who holds title to property for the benefit of another.
- A member of a board elected or appointed to direct the funds and policy of an institution.
- A country responsible for supervising a trust territory. See Usage Note at –ee1.
verbtrus·teed, trus·tee·ing, trus·tees
- 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.
trustee - Computer Definition
trustee - Investment & Finance Definition
- A person who has been appointed by a court to handle the issues outlined in a legal action. For example, in a bankruptcy proceeding, the judge appoints a trustee who is responsible for such things as liquidating assets and disbursing the proceeds to the creditor.
- A person who administers a trust. See also trust.
- A group or board of people who have been appointed to manage the affiars of an institution, such as a university.
trustee - Legal Definition