Meaning & use
trustee
Last updated
A person or organization given legal responsibility to manage property or assets on behalf of another party.
See it in a sentence
The university's board of trustees approved the new campus budget.
Her uncle was named trustee of the family estate after her grandfather's death.
A note on using this word
Common in legal, financial, and institutional contexts, such as a 'board of trustees' overseeing a university, charity, or trust fund.
Words with a similar meaning
custodianfiduciary
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