English version

trustee in Finance topic

From Longman Dictionary of Contemporary Englishtrusteetrust‧ee /ˌtrʌˈstiː/ ●○○ noun [countable]  1 BFsomeone who has control of money or property that is in a trust for someone else2 BFSSOa member of a group that controls the money of a company, college, or other organization
Examples from the Corpus
trusteeLike all trustees, if he fails to perform his fiduciary responsibilities, he is personally accountable for his mistakes.Vista Unified School District trustees became so concerned that they now expel students caught committing hate crimes.The Charity Commission says the new trustees are well on the way to restructuring their management and cutting administrative costs.The traditional view of a trust is that it was enforceable only in personam, that is against the trustee.Trusts depended on actions in personam; action could be brought only against the trustee.He was the mandatory of his people, the trustee of the general good.By the end of June, the Northern Trust Company was trustee of this inheritance also.