1) One who holds property in trust for another as a fiduciary and is charged with the duty to protect, preserve and enhance the value and the highest and best use of the trust property 2) One who holds property in trust for another to secure the performance of an obligation In those states using trust deeds as security devices, the trustee holds bare legal title to the property pending the borrower/trustor paying off the underlying debt or promissory note The trustee is usually a lending institution, trust company or title insurance company
{f} place in the care of trustees or a trustee; grant a person or persons legal custodianship over property not belonging to them; appoint a person or persons to administer an institution (Law); garnish a debtor's wages or property on behalf of a credit
{i} person granted legal custodianship over property not belonging to him; one who is appointed to administer an institution (Law)
1 Usually a trust company appointed by the company to protect the security behind the company's bonds and to make certain that all covenants of the trust deed relating to the bonds are honored 2 A person who holds property and securities in trust for another person
The persons or corporate body which has legal responsibility for the running of the fund in accordance with the requirement of the trust deed The trustee of most large funds, including industry funds, is a company with equal numbers of directors representing employees and employers Irrespective of who appointed them, the trustees/directors owe a fiduciary duty to the beneficiaries
A bank or trust company that holds title to or a security interest in leased property for the benefit of the lessee, lessor, and/or creditors of the lessor A leveraged lease often has two trustees: an owner trustee and an indenture trustee
One who holds bare legal title to a property in trust for another to secure the performance of an obligation
A person or a corporation (such as a bank) who holds legal title to the property of a person and who has the duty to hold and manage the trust for the benefit of both the beneficiaries and the remaindermen
To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor
A person or entity who holds, for the benefit of the beneficiary, title to property For example, the Trustee under a deed of trust holds the deed of trust for the lender and is responsible for enforcing the provisions of the deed of trust
This is the person who is responsible for managing a trust The trustee must see that funds are properly invested and disbursed according to the wishes of the maker of the trust The maker of the trust and the first trustee can be the same person
The person or entity which holds the title to a property for the benefit of another, usually a minor This may involve an individual or company such as a bank or trust company
The person who holds property rights for the benefit of another through the legal mechanism of the trust A trustee usually has full management and administration rights over the property but these rights must always be exercised to the full advantage of the beneficiary All profits from the property go to the beneficiary although the trustee is entitled to reimbursement for administrative costs There is no legal impediment for a trustee to also be a beneficiary of the same property
The person or legal entity such as a bank or trust company who receives property and places it in a trust, and manages the trust for the benefit of the beneficiary or beneficiaries in ways consistent with the trust declaration and good business practice
A person who holds title to property on behalf of another (a "beneficiary of the trust")
Third party responsible for handling the property of another; as in deed of trust or real estate investment trust
birleşmiş milletler adına bir bölgenin idaresi
Silbentrennung
bir·leş·miş mil·let·ler a·dı·na bir böl·ge·nin i·da·re·si