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Trustee
Meaning
Noun
●
In Law:
A person to whom
property
is
legally
committed
in
trust
, to be
applied
either for the
benefit
of
specified
individuals (beneficiaries), or for public
uses
; one who is
intrusted
with
property
for the
benefit
of another.
●
A person in whose
hands
the effects of another are
attached
in a
trustee
process.
Verb
●
To
commit
(property) to the
care of
a trustee.
●
In People & Property law:
To
attach
(a debtor's
wages
,
credits
, or
property
in the
hands
of a
third person
) in the interest of the creditor.
Sourced from
Wiktionary
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