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Meaning of TRUSTEE

Pronunciation:  tru'stee

WordNet Dictionary
 
 Definition: 
  1. [n]  members of a governing board
  2. [n]  a person (or institution) to whom legal title to property is entrusted to use for another's benefit
 
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 Synonyms: legal guardian, regent
 
 See Also: committee member, fiduciary, governing board

 

 

Webster's 1913 Dictionary
 
 Definition: 
  1. \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.]
    
  2. \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.]
    
 
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Legal Dictionary
 
 Definition: The person or institution that manages the property put in trust.
 
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