trustee

/trəˈsti/

/trəsˈti/

Other forms: trustees

A trustee is someone who is responsible for another person's money or property. Trustees sometimes oversee investment accounts or make sure a property is being taken care of.

Trustee is a legal term that's often used when people write wills or set up trusts—funds that are set aside for specific recipients, usually called beneficiaries. There's also the kind of trustee who serves on a board of trustees, a group of people responsible for overseeing a charity or business, setting up policies and goals, and approving budgets. In either case, people have put their trust in the trustee.

Definitions of trustee

1. noun

   a person (or institution) to whom legal title to property is entrusted to use for another's benefit
   synonyms: legal guardian

   type of:

   fiduciary

   a person who holds assets in trust for a beneficiary
2. noun

   members of a governing board
   synonyms: regent

   type of:

   committee member

   a member of a committee