trustee — an agent of the court who manages the property of the debtor for the benefit of the creditors. The court appoints a trustee in most Chapter 7 cases and in Chapter 11 cases when it determines that the debtor s management should not remain in their … Glossary of Bankruptcy
Trustee — is a legal term that refers to a holder of property on behalf of a beneficiary. A trust can be set up either to benefit particular persons, or for any charitable purposes (but not generally for non charitable purposes): typical examples are a… … Wikipedia
Trustee System — • In the exercise of inherent rights of administering property, the Church often appoints deputies Catholic Encyclopedia. Kevin Knight. 2006. Trustee System Trustee System … Catholic encyclopedia
Trustee Savings Bank — Infobox Defunct Company company name = TSB Bank plc. company company type = Public foundation = 1985 (as TSB Bank plc.); 1810 (first Trustee Savings Bank) industry = Banking products = Banking location = London, England, UK defunct = 1995 fate =… … Wikipedia
Trustee system (Catholic Church) — The Roman Catholic Church may employ laymen in the administration of ecclesiastical property; when laymen are among the trustees the Church endeavours, to have her own laws and principles carried out, as its trustee system, under canon law. The… … Wikipedia
trust account — noun a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary • Syn: ↑savings account trust, ↑savings … Useful english dictionary
trust account — 1. an account of property established with a trust company by a grantor, for distribution during or after the grantor s lifetime. 2. Also called trustee account. Banking a savings account over which the depositor, while living, has sole control… … Universalium
savings account trust — noun a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary • Syn: ↑savings bank trust, ↑trust… … Useful english dictionary
Incorporated Trustee — A corporation, usually a trust company, which is named as the trustee of a private trust or other fiduciary account. Incorporated trustees stand in contrast to an individual person or natural trustee, who may also be selected as the trustee of… … Investment dictionary
Health savings account — A Health Savings Account (HSA) is a tax advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). The funds contributed to the account are not subject to federal… … Wikipedia