What's the difference between depositary and trustee?

Depositary


Definition:

  • (n.) One with whom anything is lodged in the trust; one who receives a deposit; -- the correlative of depositor.
  • (n.) A storehouse; a depository.
  • (n.) One to whom goods are bailed, to be kept for the bailor without a recompense.

Example Sentences:

  • (1) But critics claim the channel is a highbrow ghetto - a depositary for programmes that might otherwise have found a terrestrial home on BBC2 and thereby reached a far larger audience.
  • (2) Among the metapsychological knowledge, we must see: alterity's denial, struggle against thinking's activity, erotically paradoxical transference, receptacle's and depositary's function of therapists, inexistence of containing function.
  • (3) My office carefully considered all of the legal arguments put forth and concluded in April 2012 , after three years of thorough analysis and public consultations, that Palestine’s status at the UN as “observer entity” was crucial – since entry into the Rome statute system is through the UN secretary general, who acts as treaty depositary.
  • (4) A high content of glycogen was characteristic of the ciliated cells in which 2 main distribution patterns were observed: the diffuse one and the depositary one.

Trustee


Definition:

  • (n.) 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.
  • (v. t.) To commit (property) to the care of a trustee; as, to trustee an estate.
  • (v. t.) To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor.

Example Sentences:

  • (1) Also, it is often the case that trustees or senior leadership are in said positions because they have personal relationships with the founder.
  • (2) A teaching union has questioned appointment of a trustee of Britain's largest academy chain group as chairman of the schools regulator Ofsted , in what was a surprise announcement meant to calm some of the internal conflicts within the coalition.
  • (3) It is essential that charities integrate new trustees well from day one – and the process must not be rushed.
  • (4) Our board of trustees already involves [the ice hockey player] Ilya Kovalchuk and his wife Nicole, and we are now negotiating with [the boxer] Roy Jones Jr, who recently received Russian citizenship.” It is clear that Shatov is an achiever more than than a dreamer – a down-to-earth character who will never forget where he came from.
  • (5) I've just run a seminar at the BOND conference about an hour ago reminding people what the roles and responsibilities of being a trustee are.
  • (6) Unfortunately, a provision in the deal ensures that Sterling’s estranged wife Shelly, current trustee of the Sterling Family Trust, will remain associated with the team as its “owner emeritus and No1 fan”.
  • (7) Mind speaks for a diverse community and aims to reflect this in its board of trustees, half of whom must have direct experience of mental health problems.
  • (8) So if some trustees feel that increased demands on their time will be too burdensome, it best to leave the field open to others.
  • (9) In addition, BBC executives and trustees were summoned by parliamentary committees more than once a month.
  • (10) The Board of Trustees concludes that judicial intervention rarely is appropriate when a pregnant woman makes an informed refusal of treatment.
  • (11) I turned to one of the trustees and said 'We've made a computer company'.
  • (12) Photograph: Graeme Robertson for the Guardian Updated at 4.14pm BST 4.03pm BST BBC Trustee Anthony Fry explains what he said earlier about being told to "get back in my box".
  • (13) But, I worry that my views will alienate our trustees, staff, volunteers and donors.
  • (14) Trustees raised concerns about conditions attached to the inflation link, which was designed to mitigate the more than £700m cost of making the BBC fund free TV licences for the over-75s, minutes from a Trust meeting on 6 July, the day the government unveiled its settlement for the future of BBC funding , reveal.
  • (15) That morning he had given a cooking demonstration at a local farmers' market, of which he is a trustee.
  • (16) The trustees also said that the two parties should not have been involved in the negotiations because it was at Thompson's discretion not to include them in the debate at all.
  • (17) We are obviously very concerned about the wellbeing of the fund, which is heavily invested in energy stocks worldwide,” said Pete Grannis, New York State deputy comptroller, whose office is the sole trustee of the fund, which has one million members.
  • (18) Asked about another company, in which Firtash's shareholding was hidden behind a trustee, he said: "Mr Firtash at that time did not want to be a public figure."
  • (19) Bletchley Park was once one of the most secret places in Britain, but now its trustees hope to name and honour every person who worked at the code-breaking centre and reputedly helped shorten the course of the second world war.
  • (20) Chris Martin, chairman of the trustees of the BHS pension scheme, said: “Our focus is on clear communications with the members.

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