Meaning of TRUSTEE
Pronunciation: | | tru'stee
|
WordNet Dictionary |
|
| Definition: | |
- [n] members of a governing board
- [n] a person (or institution) to whom legal title to property is entrusted to use for another's benefit
|
|
| Websites: | |
|
|
| Synonyms: | | legal guardian, regent |
|
| See Also: | | committee member, fiduciary, governing board | |
Webster's 1913 Dictionary |
|
| Definition: | |
\Trus*tee"\, n. (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.
{Trustee process} (Law), 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}. [U. S.]
\Trus*tee"\, v. t.
1. To commit (property) to the care of a trustee; as, to
trustee an estate.
2. (Law) To attach (a debtor's wages, credits, or property in
the hands of a third person) in the interest of the
creditor. [U. S.]
|
|
| Websites: | |
|
|
Legal Dictionary |
|
| Definition: | | The person or institution that manages the property put in trust. |
|
| Websites: | |
|
|
|
|