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Trustee
01
a person or group of people who control the property or money that belongs to another person
02
members of a governing board
Example
The court-appointed trustee sequestered the company's assets during the bankruptcy proceedings.
Trustees have fiduciary responsibilities to manage assets for the benefit of beneficiaries.
He sat on the board of trustees.
To protect the interests of creditors, the bankruptcy trustee may choose to freeze the debtor's bank accounts.
The president presided over the board of trustees meeting to review the annual budget.
