Crossword Dictionary

What's The Definition Of Trustee?

\Trus*tee"\, n. (Law) A person to whom property is legally committed in trust, to be applied either for the benefit of specified individuals, or for public uses; one who is intrusted with property for the benefit of another; also, a person in whose hands the effects of another are attached in a trustee process. {Trustee process} (Law), a process by which a creditor may attach his debtor's goods, effects, and credits, in the hands of a third person; -- called, in some States, the {process of foreign attachment}, {garnishment}, or {factorizing process}. [U. S.]
\Trus*tee"\, v. t. 1. To commit (property) to the care of a trustee; as, to trustee an estate. 2. (Law) To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor. [U. S.]