trustee
Americannoun
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a person, usually one of a body of persons, appointed to administer the affairs of a company, institution, etc.
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a person who holds the title to property for the benefit of another.
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(in New England) a garnishee.
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a trusty.
verb (used with object)
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to place in the hands of a trustee or trustees.
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(in New England) to garnish.
noun
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a person to whom the legal title to property is entrusted to hold or use for another's benefit
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a member of a board that manages the affairs and administers the funds of an institution or organization
Usage
What does trustee mean? A trustee is a person who is appointed to administer the affairs of a company or other organization. Often such an organization will have a group, or a board, of trustees.A trustee can also be a person who holds the title to a property for someone else. If you inherit millions of dollars before you reach adulthood, the will might state that an adult manages that money for you until you become an adult. That person would be the trustee of your money.Example: The board of trustees advised us against running this ad during primetime.
Etymology
Origin of trustee
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
According to his will, signed on 28 January 2013 and seen by the BBC, Martin made the Wadleys his executors and trustees, leaving his estate to them in the event of his death.
From BBC
“With a spendthrift trust, creditors and lawsuits cannot access the funds, and your child cannot demand early payouts. Instead, the trustee manages distributions based on your specified terms.”
From MarketWatch
It said Hemsley is prohibited from participating in decisions made by the trust’s independent trustees, which “aligns with established models for avoiding potential conflicts of interest.”
Still, you have a menu of trust types to choose from: A lifetime discretionary trust gives the trustee power to decide when, how and why to distribute money.
From MarketWatch
That date is also a year earlier than the trustees estimated last year.
From MarketWatch
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
