meaning of accountabilities

accountabilities meaning in Law Dictionary

whenever a trustee must report all asstes entrusted in their mind. Its done whether or not the rules are followed assuring honesty.

accountabilities meaning in Business Dictionary

Duty of a trustee (or any fiduciary) to take into account cash, bonds, share certificates, as well as other properties entrusted to her or him. Although the trustee correctly disburses the entrusted resources in accordance with the master's directives, they're nonetheless obligated to give a complete account of his / her accountabilities.