Trustee vs. Administrator

By Jaxson

  • 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 for the benefit of another. A trustee can also refer to a person who is allowed to do certain tasks but not able to gain income. Although in the strictest sense of the term a trustee is the holder of property on behalf of a beneficiary, the more expansive sense encompasses persons who serve, for example, on the board of trustees of an institution that operates for a charity, for the benefit of the general public, or a person in the local government.

    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 will trust for the testator’s children and family, a pension trust (to confer benefits on employees and their families) and a charitable trust. In all cases, the trustee may be a person or company, whether or not they are a prospective beneficiary.

Wikipedia
  • Trustee (noun)

    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.

  • Trustee (noun)

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

  • Trustee (verb)

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

    “to trustee an estate”

  • Trustee (verb)

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

  • Administrator (noun)

    One who administers affairs; one who directs, manages, executes, or dispenses, whether in civil, judicial, political, or ecclesiastical affairs; a manager

  • Administrator (noun)

    A person who manages or settles the estate of an intestate, or of a testator when there is no competent executor; one to whom the right of administration has been committed by competent authority

  • Administrator (noun)

    One who is responsible for software installation, management, information and maintenance of a computer or network

Wiktionary
  • Administrator (noun)

    a person responsible for carrying out the administration of a business or organization

    “hospital administrators”

  • Administrator (noun)

    a person legally appointed to manage and dispose of the estate of a deceased person, debtor, or insolvent company.

  • Administrator (noun)

    a person who dispenses or administers something

    “administrators of justice”

Oxford Dictionary

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