fiduciary

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fi·du·ci·ar·y

 (fĭ-do͞o′shē-ĕr′ē, -shə-rē, -dyo͞o′-, fī-)
adj.
1.
a. Of or relating to a duty of acting in good faith with regard to the interests of another: a company's fiduciary responsibility to investors.
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, who has a duty of acting in good faith with regard to the interests of another.

[Latin fīdūciārius, from fīdūcia, 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 or her beneficiary
adj
(Law)
a. having the nature of a trust
b. of or relating to a trust or trustee
[C17: from Latin fīdūciārius relating to something held in trust, from fīdūcia trust; see fiducial]
fiˈduciarily adv

fi•du•ci•ar•y

(fɪˈdu ʃiˌɛr i, -ˈdyu-)

n., pl. -ar•ies,
adj. n.
1. Law. a person to whom property or power is entrusted for the benefit of another.
adj.
2. Law. of or pertaining to the relation between a fiduciary and his or her principal.
3. of, based on, or in the nature of trust: fiduciary obligations of governments.
4. depending on public confidence for value or currency, as fiat money.
[1585–95; < Latin fīdūciārius held in trust =fīdūci(a) trust + -ārius -ary]
fi•du`ci•ar′i•ly, 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
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
fiduziarischTreuhänder
uskottu mies

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
References in periodicals archive ?
The failure to follow an investment policy statement is evidence of a breach of fiduciary responsibility.
While Department of Labor (DOL) regulations do not require additional coverage, they do mention and recommend fiduciary insurance to cover a breach of fiduciary responsibility at the plan sponsor level.
Bringing it closer to home, the IREM Ethics Boards see a number of complaints against its members for breach of fiduciary responsibility, including managers who have commingled, diverted and personally used funds belonging to a client.