Trustee
It is a legal term used for a holder of property on behalf of a beneficiary
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Definition
Trustee
An individual or agent (such as an attorney or bank trust department) to whom property is entrusted to manage and promises to wisely administer it for the use and benefit of the beneficiary or beneficiaries.
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Trustee
Definition:
Agent of a bond issuer who handles the administrative aspects of a loan and ensures that the borrower complies with the terms of the bond indenture. ...
A trustee in bankruptcy is an impartial person, assigned by the courts to oversee and administer the bankruptcy process for an individual or a corporation. Trustees are nongovernmental employees who are usually licensed attorneys.
Board of Trustees - a board of trustees is a group of people who are responsible for overseeing a non stock company. A Board of trustees is found in places like Universities, mutual fund companies, non profit organizations or mutual savings banks.
Trustee
The trustee's primary role is to hold all the loan documents and distribute payments received from the master servicer to the bondholders.
Trustee-to-trustee transfer The direct transfer of money from one tax-deferred account to another (such as from an IRA to another IRA, a 401(k) to another 401(k), or a 401(k) to an IRA) without a check being made out to the account holder.
Trustees Trustees administer trusts, which includes making investment decisions, paying taxes, filing legal reports and providing income to beneficiaries all according to the terms of the trust agreement. See also Trusts.
Trustee.
A bank designated by the issuer as the custodian of funds and official representative of bondholders.
TRUSTEE - A financial institution with trust powers that acts in a fiduciary capacity for the benefit of the bondholders in enforcing the terms of the trust indenture.
Trustee: The person legal designated to hold title to all assets held in a trust for the benefit of the beneficiaries.
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Trustee in bankruptcy
An appointed trustee who supervises and administers the affairs of a bankrupt company or individual.
TSE 300 (Toronto Stock Exchange 100 index)
Canadian form of a S&P 500.
Trustee at the Department of Justice. - The U.S. Trustee has broad administrative responsibilities in bankruptcy cases. Check the U.S.
board of trustees
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© 1996-2011 LoveToKnow, Corp. All Rights Reserved. Audio pronunciation provided by LoveToKnow, Corp.
Contact the trustee and ask whether the issuer has, in fact, made the payments due and what steps the trustee is taking to protect bondholders.
[FDIC] acceleration A common security document remedy by which the Trustee may declare all future payments of principal immediately due and payable after the occurrence of certain events set forth in the security document as prerequisites to ...
Certificate of Authority A certificate which identifies an account's trustee(s) when none is listed on an account registration.
SIPC either acts as trustee or works with an independent court-appointed trustee in a fraud case to recover funds.
For example, a wealthy testator could transfer his house into an offshore company; he can then settle the shares of the company on trust (with himself being a trustee with another trustee, whilst holding the beneficial life estate) for himself for ...
Transfer IRA assets from one IRA custodian/trustee to another custodian/trustee.
The customer never receives the assets.
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and NH where there would be consequences to the distributions independent of a requirement for further tax payer funding to the state pension plans that do not achieve their actuarial rates of return as defined for their trusts by the trustees and ...
regarding the standards for managing an investment portfolio in a legally satisfactory manner. The new rule contains five basic principles: 1) Sound diversification is fundamental to risk management and is therefore ordinarily required of trustees.
The identified types of investors include the trustees, partners and the controllers. By definition, trustees refer to investors who rely on other people to make the decision for them.
A sinking fund is method of repaying a bond in which the borrower sets money aside with a trustee, when the bond comes due the trustee will use those funds to purchase some of the bonds on the open market and then retire those purchased bonds.
When the records of the brokerage firm are accurate, deliveries of some securities and cash to customers may begin shortly after the trustee receives the completed claim forms from customers, ...
In some states, the law requires that a fiduciary, such as a trustee, may invest the fund's money only in a list of securities designated by the state - the so-called legal list.
An account in which a fiduciary relationship occurs where a person, called a trustee, holds title to an account for the benefit of another person, called a beneficiary.
An ERISA-specified individual"such as an administrator, officer, fiduciary, trustee, custodian, or counsel"who is prohibited from making certain transactions involving a retirement plan.
Superannuation fund: a concessionally taxed trust run by a trustee or trustee board with the primary purpose of holding superannuation assets for the beneficiaries of the fund (ie. members and their dependants).
a device to place property or assets in the name of one person, the trustee, that is held by them for the use of another person at a later date.
A fiduciary relationship that empowers one or more people (trustees) to safeguard and administer the assets (money or property) of the beneficiaries or investors.
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A person holding a position of confidence, such as a trustee, guardian or executor.
Investing terms and definitions starting with
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Trust: An instrument placing ownership of property in the name of one person, called a trustee, to be held by the trustee for the use and benefit of some other person.
Trust: A legal arrangement under which title to property or assets is given to a third party, called a trustee, who manages it for the benefit of a beneficiary or beneficiaries.
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If you are a stockholder, the trustee may ask you to send back your old stock in exchange for new shares in the reorganized company. The new shares may be fewer in number and may be worth less than your old shares.
Management Expense Ratio (MER): a ratio expressing the management, trustee and certain other expenses of a managed fund as a proportion of the net asset value of the fund.
A fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary.
REITs are managed by one or more trustees, like a mutual fund, and trade like a stock. No federal income tax needs to be paid by the trust if 75 percent of the income is real estate related and 95 percent of the income is distributed to investors.
A blind trust is created when a third party, such as an investment adviser or other trustee, assumes complete control of the assets held in a trust.
A type of security, generally issued by a railroad, to pay for new equipment. Title to the equipment, such as a locomotive, is held by a trustee until the notes are paid off.
Voting Trust
The deposit of shares, along with transfer of voting rights to a trustee for a specific period of time.
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TRUSTS. Fiduciary relationship in which a person, called a trustee, holds title to property for the benefit of another person, known as the beneficiary.
An obligation to act solely in the best interest of another party. For instance, a corporation's board member has a fiduciary duty to the shareholders, a trustee has a fiduciary duty to the trust's beneficiaries, ...
The first answer is because it is less regulated, and the behavior of the offshore investment provider, whether he be a banker, fund manager, trustee or stock-broker, is freer than it could be in a more regulated environment.
Speed retirement system scam - Speed retirement system ...
I have a collection of forex autopilot trading videos. Have used myself and found them ... if trustee of family trust isnt doing their job, future candles forex indicators, ...
A formal document that creates a trust. It states the purpose and terms of the name of the trustees and beneficiaries.
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Fiduciary: An individual or institution occupying a position of trust. An executor, administrator or trustee. Hence, "fiduciary" duties.
Voting Trust - The deposit of shares with a trustee to gain long-term corporate control.
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Self Directed IRA Custodians
Self Directed IRA Custodians or a Self Directed IRA Trustee is required for all IRAs by law. They basically act as the middle man between an investor and their IRA account.
Management Company
The business entity that establishes, promotes, and manages a fund or funds, each of which is a separate entity with its own board of directors or trustee(s).
Some of the more significant are: transfer agent expenses (selling person), custodian expense (bank holding the fund's assets), legal/audit expense, accounting expense, registration expense to the SEC, board of directors/trustees expense (meetings ...
In addition to management fees are non management expenses, which cover transfer agent expenses, the cost of holding the fund's money in the bank, registration expenses, money to go into the pocket of a mutual fund's board of directors/trustees, ...
This document provides the terms of the legal issuance of the bonds, including the authorization for the issuance, redemption provisions, default provisions, covenants of the issuer, covenants of the trustee and investment provisions.
This ratio includes such items as the management fee, trustee's fee, license fee, and 12b-1 fee, among others. It does not include the commissions you must pay to buy and sell ETF shares, or the costs incurred by the fund in trading its securities.
 See also: Trust, Investment, Securities, Market, Issue
  
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