trustee

trustee
1. noun
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.
2. verb
a) To commit (property) to the care of a trustee; as, to trustee an estate.
b) To attach (a debtors wages, credits, or property in the hands of a third person) in the interest of the creditor.

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  • trustee — trust·ee 1 /ˌtrəs tē/ n 1: one to whom something is entrusted: one trusted to keep or administer something: as a: a member of a board entrusted with administering the funds and directing the policy of an institution or organization b: a country… …   Law dictionary

  • trustee — an agent of the court who manages the property of the debtor for the benefit of the creditors. The court appoints a trustee in most Chapter 7 cases and in Chapter 11 cases when it determines that the debtor s management should not remain in their …   Glossary of Bankruptcy

  • Trustee — is a legal term that refers to a holder of property on behalf of a beneficiary. A trust can be set up either to benefit particular persons, or for any charitable purposes (but not generally for non charitable purposes): typical examples are a… …   Wikipedia

  • Trustee — 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 …   The Collaborative International Dictionary of English

  • Trustee — Trus*tee , v. t. 1. To commit (property) to the care of a trustee; as, to trustee an estate. [1913 Webster] 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.] [1913… …   The Collaborative International Dictionary of English

  • trustee — ● trustee nom masculin (anglais trustee) Mandataire qui, ayant reçu des instruments de paiement, doit les délivrer à leur bénéficiaire dans des conditions définies. Administrateur qui, aux termes d un accord entre créanciers et débiteurs, assure… …   Encyclopédie Universelle

  • trustee — [trus tē′] n. 1. a person to whom another s property or the management of another s property is entrusted 2. a nation under whose authority a trust territory is placed 3. any of a group or board of persons appointed to manage the affairs of an… …   English World dictionary

  • Trustee — (engl., spr. Tröstih), 1) der Betraute, Beglaubigte, Bevollmächtigte; 2) Administrator, 3) Vormund, Curator; 4) Fideicommissar, Besitzer eines Fideicommißgutes; 5) Vorsteher, Schuldirector …   Pierer's Universal-Lexikon

  • Trustee — (engl., spr. tröstī), »Vertrauensmann«, Bevollmächtigter, Vormund etc.; vgl. Trust …   Meyers Großes Konversations-Lexikon

  • Trustee — (engl., spr. trößtíh), Bevollmächtigter des Trusts (s.d.) …   Kleines Konversations-Lexikon

  • trustee — person who is responsible for the property of another, 1640s, from TRUST (Cf. trust) + EE (Cf. ee) …   Etymology dictionary

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