trustee security

noun

: a security in which a trustee may properly invest and which is often described in the trust instrument or in an approved list established in accordance with law

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Cite this Entry

“Trustee security.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trustee%20security. Accessed 22 Dec. 2024.

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