Trustee
volume
British pronunciation/tɹˈʌstiː/
American pronunciation/ˌtɹəsˈti/

Definition & Meaning of "trustee"

Trustee
01

a person or group of people who control the property or money that belongs to another person

example
Example
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The trustee made investments on behalf of the trust to grow its assets over time.
The trustee managed the estate to ensure the beneficiaries received their inheritance according to the will.
As a trustee, he had a fiduciary duty to act in the best interests of the trust 's beneficiaries.
02

members of a governing board

example
Example
The trustee made investments on behalf of the trust to grow its assets over time.
The trustee managed the estate to ensure the beneficiaries received their inheritance according to the will.
As a trustee, he had a fiduciary duty to act in the best interests of the trust's beneficiaries.
She was appointed as a trustee to oversee the charitable foundation's funds and ensure they were used properly.
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