trustee
truh stee
- n a person (or institution) to whom legal title to property is entrusted to use for another's benefit
- n members of a governing board
- It is the trustee who holds the mortgage securing the bonds, who forecloses if the borrower de faults.
- The trustee went home empty-handed, but now university alumni only recently apprised of the negotiations are buzzing with indignation.
- A SIPA trustee's job, not unlike a Chapter 7 trustee, is to recover property, assess claims and liquidate any other assets of a bankrupt firm for the benefit of the estate and .