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English definition of “trustee”

trustee

noun [C]
 
 
/trʌsˈtiː/
a person or organization legally chosen to work alone or as part of a group to manage money or property for others: The pension fund is managed by a 12-member board of trustees. The CEO, who is responsible for developing overall strategy, reports to a board of trustees. She was invited to become a trustee for her local wildlife charity.
→ See also active trustee, bare trustee, constructive trustee
(Definition of trustee from the Cambridge Business English Dictionary © Cambridge University Press)
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