trustee
Board's asset guardian
A trustee is a person or organization legally responsible for managing property or assets on behalf of another.
The trustee holds legal title but must act for the beneficiary's benefit, not their own: The bank serves as trustee for the estate.
Trustees also serve on governing boards of institutions like universities and hospitals: a board of trustees, She was appointed trustee of the foundation.
Appointed estate manager
- beneficiaryDesignated asset receiver
- estateProperty and grounds
- willFaculty of deliberate choice
- testamentWritten proof or legacy
probate · inheritance · bequest · heir · testator · intestacy · decedent · codicil
Designated asset receiver
- fiduciaryAgent bound by loyalty
- dutyRequired moral task
- obligationRequired task or commitment
- prudenceCareful, wise judgment
loyalty · accountability · responsibility · discretion · due diligence · ethics · integrity · confidentiality
Guardian of a place
- guardianProtective caretaker of another
- conservatorArtifact preservation expert
- stewardManager for another
- caretakerOne who maintains property
safekeeping · preservation · protection · management · administration · assets · property · portfolio
Flat rigid panel
- directorOne who leads
- governorState's chief executive
- regentInterim throne holder
- overseerOne who monitors work
endowment · foundation · nonprofit · university · museum · hospital · charity · bylaws
One who owes
- creditorOne owed money
- insolvencyInability to pay debts
- liquidationSelling assets for cash
- reorganizationChanging how something's arranged
Chapter 7 · Chapter 11 · Chapter 13 · petition · discharge · claimant · asset recovery · distribution
Preventing waste or loss
- easementLimited land-use privilege
- preservationMaintaining something's condition
- environmentalOf natural surroundings
- affordable housingShelter scaled to earnings
open space · stewardship · natural resources · heritage · scenic · watershed · wildlife habitat
executor
Appointed estate manager
- beneficiaryDesignated asset receiver
- estateProperty and grounds
- willFaculty of deliberate choice
testament · probate · inheritance · bequest · heir · testator · intestacy · decedent · codicil · settlor
beneficiary
Designated asset receiver
- fiduciaryAgent bound by loyalty
- dutyRequired moral task
- obligationRequired task or commitment
prudence · loyalty · accountability · responsibility · discretion · due diligence · ethics · integrity · confidentiality · trustworthiness
custodian
Guardian of a place
- guardianProtective caretaker of another
- conservatorArtifact preservation expert
- stewardManager for another
caretaker · safekeeping · preservation · protection · management · administration · assets · property · portfolio · principal
board
Flat rigid panel
overseer · endowment · foundation · nonprofit · university · museum · hospital · charity · bylaws · charter
debtor
One who owes
- creditorOne owed money
- insolvencyInability to pay debts
- liquidationSelling assets for cash
reorganization · Chapter 7 · Chapter 11 · Chapter 13 · petition · discharge · claimant · asset recovery · distribution · preference
conservation
Preventing waste or loss
- easementLimited land-use privilege
- preservationMaintaining something's condition
- environmentalOf natural surroundings
affordable housing · open space · stewardship · natural resources · heritage · scenic · watershed · wildlife habitat
- helpersnurse, helper, volunteer, aide, assistant
- municipal officialsmayor, councillor, city manager, city clerk, city council member
- stewardssteward, custodian, keeper, caretaker, guardian
- village officialsvillage head, headman, reeve, selectman, village council
- bankruptcybankruptcy, bankruptcy court, Chapter 11, Chapter 7, bankruptcy petition
- estate taxesestate tax, inheritance tax, death tax, death duty, death duties
trusteebeneficiary
Designated asset receiver
cestui que trust · heir · ward · dependent · settlor
- trust meAppeal for confidence
- trust issuesSkepticism toward others' motives
- trust your gutRely on intuition
- trust yourselfConfidence in one's abilities
- trust fundsManaged assets for beneficiaries
- trust fallDeliberate backward collapse into waiting arms
trust, trusting, trustworthy, trusted, mistrust, distrust, entrust, distrustful, trusts