Trustee vs. Beneficiary

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Trusteenoun

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.

Trusteenoun

A person in whose hands the effects of another are attached in a trustee process.

Trusteeverb

(transitive) To commit (property) to the care of a trustee.

Trusteeverb

(transitive) To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor.

Trusteenoun

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.

Trusteeverb

To commit (property) to the care of a trustee; as, to trustee an estate.

Trusteeverb

To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor.

Trusteenoun

a person (or institution) to whom legal title to property is entrusted to use for another's benefit

Trusteenoun

members of a governing board

Trustee

Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any person who holds property, authority, or a position of trust or responsibility to transfer the title of ownership to the person named as the new owner, in a trust instrument, called a beneficiary. A trustee can also refer to a person who is allowed to do certain tasks but not able to gain income, although that is untrue.

Beneficiarynoun

One who benefits or receives an advantage.

Beneficiarynoun

(legal) One who benefits from the distribution, especially of an estate.

Beneficiarynoun

(insurance) One who benefits from the payout of an insurance policy.

Beneficiaryadjective

Holding some office or valuable possession, in subordination to another; holding under a feudal or other superior; having a dependent and secondary possession.

Beneficiaryadjective

Bestowed as a gratuity.

Beneficiaryadjective

Holding some office or valuable possession, in subordination to another; holding under a feudal or other superior; having a dependent and secondary possession.

Beneficiaryadjective

Bestowed as a gratuity; as, beneficiary gifts.

Beneficiarynoun

A feudatory or vassal; hence, one who holds a benefice and uses its proceeds.

Beneficiarynoun

One who receives anything as a gift; one who receives a benefit or advantage; esp. one who receives help or income from an educational fund or a trust estate.

Beneficiarynoun

the recipient of funds or other benefits

Beneficiarynoun

the semantic role of the intended recipient who benefits from the happening denoted by the verb in the clause

Beneficiaryadjective

having or arising from a benefice;

Beneficiary

A beneficiary (also, in trust law, cestui que use) in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured.

Trustee Illustrations

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