Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'trust fund manager'?

A. party empowered to act on behalf of the trustee to manage the assets of the trust
B. person appointed and given the responsibility to manage the affairs of an organization and the authority to make decisions within specified role-specific boundaries
C. party that holds and manages assets for the benefit of another
D. party that has fiduciary responsibility with respect to the organization, including but not limited to determining and executing corporate policy

Answer: party empowered to act on behalf of the trustee to manage the assets of the trust