Legal transitive verb meaning ‘to place property under the control of a trustee’.
Additional translations
fiducierDroit, verbe rare : placer des biens sous fiducie ou sous la gestion d’un trustee.
trusteeadjective
more trustee
Comp.
most trustee
Super.
UK
/trʌsˈtiː/
US
/trʌsˈti/
Used attributively before another noun, e.g. “trustee responsibilities”.
fiduciaireDroit, relatif à un trustee ou à la gestion en fiducie.
The committee discussed trustee obligations under the new regulations.
Le comité a discuté des obligations fiduciaires en vertu des nouvelles réglementations.
Definitions
trusteenoun
A person or organization that holds and manages assets or property for the benefit of another.
The trustee was responsible for managing the estate until the beneficiary came of age.
A member of a board given control or powers of administration of property in trust with a legal obligation to administer it solely for the purposes specified.
The university's board of trustees met to discuss the allocation of funds for the new research facility.
trusteeverb
To place (property, assets, etc.) in the control of a trustee.
She decided to trustee the family estate to protect it from creditors.
trusteeadjective
Relating to, characteristic of, or held by a trustee or trustees.
The committee discussed trustee obligations under the new regulations.