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fiduciary |
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fiduciary [fid-yewsh-ya-ree] Law Noun a person bound to act for someone else's benefit, as a trustee Adjective of or relating to a trust or trustee [Latin fiducia trust] fiduciary a person to whom property or power is entrusted for the benefit of another. — fiducial, fiduciary, adj. See also: Lawone who holds in trust; a trustee or depositary. See also theology. See also: Finance
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Department of Labor is bringing its fiduciary seminar, "Getting It Right--Know Your Fiduciary Responsibilities," to Sacramento Dec. The tools and best practices for preparation of a fiduciary (or trust) accounting are included in a Practice Guide (Guide) to help CPAs provide better fiduciary accounting services. Companies that offer their stock to employees through an employee stock ownership plan (ESOP) or 401(k) plan are increasingly vulnerable to fiduciary liability lawsuits, according to a white paper developed for the Chubb Group of Insurance Co. |
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