OXFORD 9000
📚 noun • entry_id 15220

trustee

/tɹʌsˈtiː/
Meanings (ES + gloss)
fiduciaria • fiduciario
A person to whom property is legally committed in trust, to be applied either for the benefit of specified individuals (beneficiaries), or for public uses; one who is intrusted with property for the benefit of another.
The trust property is now managed by a trustee who holds formal title to the asset; the trustee can sell it, but only for the benefit of the beneficiary, and he must replace it wit…
Word forms