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fiduciary
(redirected from fiduciaries)

   Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia 0.04 sec.
fi·du·ci·ar·y  (f-dsh-r, -sh-r, -dy-, f-)
adj.
1.
a. Of or relating to a holding of something in trust for another: a fiduciary heir; a fiduciary contract.
b. Of or being a trustee or trusteeship.
c. Held in trust.
2. Of or consisting of fiat money.
3. Of, relating to, or being a system of marking in the field of view of an optical instrument that is used as a reference point or measuring scale.
n. pl. fi·du·ci·ar·ies
One, such as an agent of a principal or a company director, that stands in a special relation of trust, confidence, or responsibility in certain obligations to others.

[Latin fdcirius, from fdcia, trust; see fiducial.]

fiduciary [fɪˈduːʃɪərɪ] Law
n pl -aries
(Law) a person bound to act for another's benefit, as a trustee in relation to his beneficiary
adj
(Law)
a.  having the nature of a trust
b.  of or relating to a trust or trustee
[from Latin fīdūciārius relating to something held in trust, from fīdūcia trust; see fiducial]
fiduciarily  adv

fiduciary
a person to whom property or power is entrusted for the benefit of another. — fiducial, fiduciary, adj.
See also: Law
one who holds in trust; a trustee or depositary. See also theology.
See also: Finance
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.fiduciary - a person who holds assets in trust for a beneficiary; "it is illegal for a fiduciary to misappropriate money for personal gain"
individual, mortal, person, somebody, someone, soul - a human being; "there was too much for one person to do"
conservator - someone appointed by a court to assume responsibility for the interests of a minor or incompetent person
administrator - the party appointed by a probate court to distribute the estate of someone who dies without a will or without naming an executor
executor - a person appointed by a testator to carry out the terms of the will
liquidator, receiver - (law) a person (usually appointed by a court of law) who liquidates assets or preserves them for the benefit of affected parties
steward - someone who manages property or other affairs for someone else
legal guardian, trustee - a person (or institution) to whom legal title to property is entrusted to use for another's benefit
Adj.1.fiduciary - relating to or of the nature of a legal trust (i.e. the holding of something in trust for another); "a fiduciary contract"; "in a fiduciary capacity"; "fiducial power"
Translations
fiduciary [fɪˈdjuːʃɪərɪ]
A. ADJfiduciario
B. Nfiduciario/a m/f
fiduciary
adjtreuhänderisch; currencyungedeckt; fiduciary companyTreuhandgesellschaft f
nTreuhänder(in) m(f)
fiduciary [fɪˈduːʃɪərɪ] adj & n (Law) → fiduciario/a
fiduciary [fɪˈduːʃɪərɪ] adj & n (Law) → fiduciario/a


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? Mentioned in ? References in periodicals archive
 
However, by having to wait for the IRS to issue a Compliance Statement, the process of fully protecting the plan and the fiduciaries can take an extended period of time.
The common thread running through all is that fiduciaries have discretionary authority over another's money, property, or other assets, and a legal duty to act in a manner that benefits the other person, or organization.
Fiduciaries are required to perform professional or other services with all of the expertise, loyalty and due care that they possess.
 
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