Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun Law The person in a trust relationship who holds title to property for the benefit of another.
  • noun A member of a board elected or appointed to direct the funds and policy of an institution.
  • noun A country responsible for supervising a trust territory.
  • intransitive verb To place (property) in the care of a trustee.
  • intransitive verb To function or serve as a trustee.

from The Century Dictionary.

  • noun A person to whom property or funds have been committed in the belief and trust that he will hold and apply the same for the benefit of those who are entitled, according to an expressed intention, either by the parties themselves, or by the deed, will, settlement, or arrangement of another; also, by extension, a person held accountable as if he were expressly a trustee in law. Compare guardian, 2.
  • noun In the United States, a person in whose hands the effects of another are attached in a trustee process (see the phrase below).
  • To attach by a trustee process. See trustee, n., 3.

from the GNU version of the Collaborative International Dictionary of English.

  • noun (Law) 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.
  • noun (Law), [U. S.] a process by which a creditor may attach his debtor's goods, effects, and credits, in the hands of a third person; -- called, in some States, the process of foreign attachment, garnishment, or factorizing process.
  • transitive verb To commit (property) to the care of a trustee.
  • transitive verb (Law), United States To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun 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.
  • verb To commit (property) to the care of a trustee; as, to trustee an estate.
  • verb To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun members of a governing board
  • noun a person (or institution) to whom legal title to property is entrusted to use for another's benefit

Etymologies

Sorry, no etymologies found.

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Examples

  • In Mexico, the trustee is always a financial institution, and it holds title to the property.

    Mexican trusts 2006

  • In Mexico, the trustee is always a financial institution, and it holds title to the property.

    Mexican trusts 2006

  • In a New Orleans federal bankruptcy court, a trustee is investigating how Lender Processing and the Boles Law Firm of Monroe, La., failed to credit a borrower's loan payments during efforts to lift a foreclosure stay on behalf of a lender.

    Trustees Probing Mortgage Handlers Carrick Mollenkamp 2010

  • The virtue of the sole trustee is that you have one person accountable and with an incontrovertible mandate to protect the pension fund against raids.

    David A. Singer: Meet Harry Wilson -- Candidate for NYS Comptroller David A. Singer 2010

  • I remember talking to a trustee from the University of Zurich who suggested that they put more of the endowment in real estate.

    Matthew Yglesias » A Job Well Done 2010

  • The virtue of the sole trustee is that you have one person accountable and with an incontrovertible mandate to protect the pension fund against raids.

    David A. Singer: Meet Harry Wilson -- Candidate for NYS Comptroller David A. Singer 2010

  • BNY Mellon, the bond trustee, is charged with administering the securitizations, or bond trusts, for the benefit of investors.

    Bondholders Pick a Fight With Banks Ruth Simon 2010

  • The virtue of the sole trustee is that you have one person accountable and with an incontrovertible mandate to protect the pension fund against raids.

    David A. Singer: Meet Harry Wilson -- Candidate for NYS Comptroller David A. Singer 2010

  • But some interviewed expressed concern that a younger patron may lack familiarity with an organization's priorities, which could turn problematic given that a trustee is often vested with executive-hiring approval, financial responsibilities and, in the case of museums, the acquisition of artwork.

    Cultural Boards Get Younger Look Erica Orden 2010

  • The virtue of the sole trustee is that you have one person accountable and with an incontrovertible mandate to protect the pension fund against raids.

    David A. Singer: Meet Harry Wilson -- Candidate for NYS Comptroller David A. Singer 2010

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