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Trustee vs Assignee - What's the difference?

trustee | assignee |

As nouns the difference between trustee and assignee

is that trustee is 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; also, a person in whose hands the effects of another are attached in a trustee process while assignee is one to whom a thing is assigned.

As a verb trustee

is to commit (property) to the care of a trustee; as, to trustee an estate.

trustee

Noun

(en 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; also, a person in whose hands the effects of another are attached in a trustee process.
  • Derived terms

    * board of trustees * public trustee

    Verb

    (en verb)
  • To commit (property) to the care of a ; as, to trustee an estate.
  • To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor.
  • assignee

    English

    Noun

    (en noun)
  • one to whom a thing is assigned
  • (legal) one to whom rights or property is being transferred
  • one who is appointed to act or speak in place of another; an agent
  • Anagrams

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