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The definition of a trustee is a person or a member of a board given control over the property or affairs of another.What is the true meaning of trustee?
Trustee. A trust is an arrangement in which one person holds the property of another for the benefit of a third party, called the beneficiary. The beneficiary is usually the owner of the property or a person designated as the beneficiary by the owner of the property. A trustee may be either an individual or a corporation.