n. (Law) 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. [ 1913 Webster ]

Trustee process (Law), a process by which a creditor may attach his debtor's goods, effects, and credits, in the hands of a third person; -- called, in some States, the process of foreign attachment, garnishment, or factorizing process. [ U. S. ] [ 1913 Webster ]

v. t. 1. To commit (property) to the care of a trustee; as, to trustee an estate. [ 1913 Webster ]

2. (Law) To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor. [ U. S. ] [ 1913 Webster ]

. (Law) The process of attachment by garnishment. [ U. S. ] [ Webster 1913 Suppl. ]

n. The office or duty of a trustee. [ 1913 Webster ]

. (Finance) High-grade stock in which trust funds may be legally invested. [ Colloq. ] [ Webster 1913 Suppl. ]