词汇 | trustee |
释义 | trustee noun[ C ] uk /ˌtrʌsˈtiː/ us /ˌtrʌsˈtiː/ a person, often one of a group, who controls property and/or money for another person or an organization: 受托人 the museum's board of trustees博物馆的受托人理事会 Trusts & funds annuity blind trust charitable trust covenant covenant something to someone/something fund funding holding company kitty mutual fund non-discretionary pension fund pension plan slush fund support syndic the Consolidated Fund trust trust fund trusteeship trustee | American Dictionarytrustee noun[ C ] us/trʌsˈti/ a person, often one of a group, who controls property or money for the benefit of another person or an organization: He was a member of the museum’s board of trustees. trustee | Business Englishtrustee noun[ C ] uk /trʌsˈtiː/us a person or organization legally chosen to work alone or as part of a group to manage money or property for others: The pension fund is managed by a 12-member board of trustees. The CEO, who is responsible for developing overall strategy, reports to a board of trustees. She was invited to become a trustee for her local wildlife charity. See alsoactive trustee bare trustee constructive trustee Examples of trusteetrustee Even so, there remained some heterogeneity amongst trustees in how they utilized the information given. Rental income and other personal property remained outside the separate estate and subject to disposal by the trustee at his discretion. Unlike the other fund types there is no member representation on the trustee board. It should be recognized that a sample of 40 trustees is small, especially when judged against social science conventions. It was shown that trustee education and professional qualifications were related to the degree of trustee decision-making consistency. The paper concludes by drawing implications for the governance of the trust institution and the relationships between trustees, their advisers, and service providers. Having formulated a strategy, trustees then issue contracts or ' mandates' to managers, setting out specific instructions, performance standards and fees, as noted above. In this respect, consultants have a vital role in representing trustees' best interests at the nexus of contracts. Invisible costs are expected to be high when trustee governance is poor. Second, while most trustee discount functions had an identifiable shape, even if not always exponential in character, some did not. First, it was shown that many of our pension fund trustees have shallow and often non-exponential discount functions. Furthermore, trustees, on a regular basis, should obtain educational training with a view to providing and improving core competencies of importance for pension fund management. While cautious of the sample size underpinning these conclusions, it was also found that consistent trustees had at least undergraduate education and relevant professional qualifications. Firstly, trustee representatives in retail funds are typically employees of the retail sponsor group. Some authors investigate how the investment performance of pension funds is related to particular governance variables such as the composition of the board of trustees. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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