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fiduciary relation

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Noun1.fiduciary relation - the legal relation that exists when one person justifiably places reliance on another whose aid or protection is sought in some matter
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
legal relation - a professional relation that is regulated by law (as between a lawyer and a client)
bank-depositor relation - the responsibility of a bank to act in the best interests of the depositors
confidential adviser-advisee relation - the responsibility of a confidential adviser to act in the best interest of the advisee
conservator-ward relation - the responsibility of a conservator to act in the best interests of the ward
director-stockholder relation - the responsibility of corporate directors to act in the best interests of stockholders
executor-heir relation - the responsibility of an executor (or administrator) of an estate to act in the best interests of the heir
attorney-client relation, lawyer-client relation - the responsibility of a lawyer to act in the best interests of the client
partner relation - the responsibility of partners to act in one another's best interests
receiver-creditor relation - the responsibility of receiver or trustee in bankruptcy to act in the best interests of the creditor
trustee-beneficiary relation - the responsibility of a trustee to act in the best interests of the beneficiary

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