trustee (Meaning)
trustee (n)
a person (or institution) to whom legal title to property is entrusted to use for another's benefit
members of a governing board
trustee (n.)
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 (v. t.)
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.
Synonyms & Antonyms of trustee
No Synonyms and anytonyms found
trustee Sentence Examples
- The will appointed the family's trusted lawyer as the trustee of the estate.
- The trustee held fiduciary responsibility to manage the assets for the benefit of the beneficiaries.
- The judge removed the trustee for mismanagement and appointed a new one.
- The trustee's primary obligation was to ensure the preservation and growth of the trust property.
- The trustee's investment decisions required careful consideration and adherence to the trust's investment mandates.
- The trustee had the authority to sell trust assets when necessary for the benefit of the beneficiaries.
- The beneficiaries could request an accounting from the trustee to ensure transparency and accountability.
- The trustee's fees were generally borne by the trust itself, unless otherwise specified.
- Trusts often designate multiple trustees to provide a system of checks and balances.
- The trustee's role was crucial in ensuring the proper management and execution of the trust's objectives.
FAQs About the word trustee
a person (or institution) to whom legal title to property is entrusted to use for another's benefit, members of a governing boardA person to whom property is le
No synonyms found.
No antonyms found.
The will appointed the family's trusted lawyer as the trustee of the estate.
The trustee held fiduciary responsibility to manage the assets for the benefit of the beneficiaries.
The judge removed the trustee for mismanagement and appointed a new one.
The trustee's primary obligation was to ensure the preservation and growth of the trust property.
