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A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (legal person or group of persons) When someone has a fiduciary duty to someone else, the person with the duty must act in a way that will benefit someone else financially. Typically, a fiduciary prudently takes care of money or other assets for another person.
Rather, fiduciary applies to any situation in which one person justifiably places confidence and trust in someone else, and seeks that person's help or advice in some matter. A fiduciary, derived from the latin term for “trust”, is a person owing a fiduciary duty to another A fiduciary is a person or organization that acts on behalf of others and is legally bound to act in their best interests
Learn about the types of fiduciary duty.
A person to whom property or power is entrusted for the benefit of another. See examples of fiduciary used in a sentence. A fiduciary is someone legally and ethically bound to make decisions in the client's best interest, plays a critical role in various relationships, including investment advising, corporate governance, guardianship, and legal representation. A fiduciary is someone who manages money or property for someone else
Loyal, faithful & dependable (definition of fiduciary from the cambridge advanced learner's dictionary & thesaurus © cambridge university press) Fiduciary is used to talk about things which relate to a trust, or to the people who are in charge of a trust. Involving trust, especially in a situation where a person or company controls money or property belonging to others Definition of fiduciary adjective in oxford advanced learner's dictionary
Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
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