Definition, Meaning & Synonyms
truste
Noun
/trʌst/
Definition
An entity or organization that acts on behalf of another in a fiduciary capacity.
Examples
- He appointed a truste to oversee the family’s estate.
- The truste is responsible for ensuring that the beneficiaries receive their due share.
- As a truste, she had to act in the best interest of the beneficiaries at all times.
Meaning
A truste is someone or something that has the responsibility to manage assets or rights for the benefit of another person or group, often seen in legal or financial contexts.
Synonyms
- trustee
- fiduciary
- administrator
- executor