Trustee: meaning, definitions and examples

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trustee

 

[ trʌˈstiː ]

Noun
Context #1 | Noun

legal

A person or organization with responsibility for managing property or funds on behalf of others. Trustees are legally obligated to act in the best interests of the beneficiaries.

Synonyms

administrator, custodian, guardian

Examples of usage

  • The trustee of the trust was responsible for distributing the assets to the designated heirs.
  • She appointed her brother as the trustee of her estate.
Context #2 | Noun

organization

A member of a board who is entrusted with the oversight and management of a company, institution, or organization.

Synonyms

board member, director, governor

Examples of usage

  • The board of trustees decided to invest in new technology for the company.
  • The university trustee expressed concerns about the budget cuts.

Translations

Translations of the word "trustee" in other languages:

🇵🇹 fiduciário

🇮🇳 न्यासधारी

🇩🇪 Treuhänder

🇮🇩 wali amanat

🇺🇦 довірена особа

🇵🇱 powiernik

🇯🇵 受託者 (jutakusha)

🇫🇷 fiduciaire

🇪🇸 fiduciario

🇹🇷 mütevelli

🇰🇷 신탁 관리자 (sintak gwanrija)

🇸🇦 وصي

🇨🇿 svěřenský správce

🇸🇰 dôverník

🇨🇳 受托人 (shòutuōrén)

🇸🇮 zaupnik

🇮🇸 trúnaðarmaður

🇰🇿 сенім білдірілген тұлға

🇬🇪 რწმუნებული

🇦🇿 etibarlı şəxs

🇲🇽 fiduciario

Word origin

The term 'trustee' originated from the Old English word 'trēowþia', which means 'faithfulness, fidelity, loyalty'. The concept of trusteeship can be traced back to ancient civilizations, where individuals were appointed to manage property or assets on behalf of others. Over time, the role of a trustee evolved to encompass legal responsibilities and fiduciary duties.

See also: distrust, distrustful, entrust, entrusting, mistrust, mistrustful, mistrustfully, trust, trustful, trustfulness, trustingly, trustworthily, trustworthiness, trustworthy, untrusting, untrustworthily, untrustworthiness, untrustworthy.