trustee

[truh-stee] Law.
noun
1.
a person, usually one of a body of persons, appointed to administer the affairs of a company, institution, etc.
2.
a person who holds the title to property for the benefit of another.
3.
(in New England) a garnishee.
4.
a trusty.
verb (used with object), trusteed, trusteeing.
5.
to place in the hands of a trustee or trustees.
6.
(in New England) to garnish.

Origin:
1640–50; trust + -ee

1. executor, trustee, trusty ; 2. trustee, trusty.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
trustee (trʌˈstiː)
 
n
1.  a person to whom the legal title to property is entrusted to hold or use for another's benefit
2.  a member of a board that manages the affairs and administers the funds of an institution or organization

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
In the trust game participants played either the role of investor or trustee.
In the game, participants would choose how much money to hand over to a trustee.
The money is tripled en route, and the trustee must then decide how much to give back to the investor.
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