Trustee

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One who holds the beneficial interest in something to which it has legal title on trust for someone else (that someone else being a “beneficiary”). In English law, a trust has no legal personality distinct from the trustee who constitutes it; in America and other far-flung places the trust itself (as distinct from its trustees) has its own ontological identity and may sue and be sued.

Known on the continent (though they hotly deny it) as a “fiduciary”.

See also

• Trust
• Fiduciary