trustee
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trustee
A person or institution that manages someone else's assets or property (the trust property) on behalf of and in the interest of another person (the trustor). This is done on the basis of a trust agreement.
Der Treuhänder war dafür verantwortlich, das Erbe bis zur Volljährigkeit des Kindes zu verwalten.
The trustee was responsible for managing the inheritance until the child came of age.
The word derives from 'treue Hand' (faithful hand). Figuratively speaking, a 'Treuhänder' (trustee) is a person who holds someone else's property in 'treuen Händen' (faithful hands) and manages it reliably.
Er hat sein Vermögen in die treuen Hände eines erfahrenen Verwalters gegeben.
He placed his assets in the faithful hands of an experienced administrator.
The term 'Treuhänder' (trustee) comes from legal and business language. It is mainly used in formal contexts such as contracts, insolvencies, or asset management.
Im Insolvenzrecht hat der Treuhänder eine zentrale Funktion.
In insolvency law, the trustee has a central function.
Common verbs used with 'Treuhänder' (trustee) are 'einen Treuhänder einsetzen' (to appoint a trustee), 'einen Treuhänder bestellen' (to appoint a trustee), or 'als Treuhänder fungieren' (to act as a trustee).
Das Gericht hat für das Verfahren einen Treuhänder bestellt.
The court appointed a trustee for the proceedings.
administrator
'der Verwalter' and 'der Treuhänder' can both look after someone else's property or money. 'Verwalter' is more general and fits many areas, for example a building, an organization, or finances. 'Treuhänder' is more specific and more legal: he manages assets in another person's interest, often on the basis of a contract or in insolvency proceedings. The words can be confused because both manage something for others. If you only mean practical management or care, 'Verwalter' fits. If trust, legal responsibility, and someone else's assets are important, 'Treuhänder' is more precise.
Nach der Insolvenz prüft der Treuhänder das Vermögen des Unternehmens.
After the insolvency, the trustee reviews the company's assets.
Der Verwalter des Hauses informiert alle Mieter über die neuen Heizkosten.
The building manager informs all tenants about the new heating costs.