fiduciary

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Related to Fiduciary Responsibilities: Fiduciary relationship, fiduciary obligations, Fiduciary duties

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.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

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.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

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
-Ologies & -Isms. Copyright 2008 The Gale Group, Inc. All rights reserved.
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"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations
fiduziarischTreuhänder
uskottu mies

fiduciary

[fɪˈdjuːʃɪərɪ]
A. ADJfiduciario
B. Nfiduciario/a m/f
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

fiduciary

adjtreuhänderisch; currencyungedeckt; fiduciary companyTreuhandgesellschaft f
nTreuhänder(in) m(f)
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

fiduciary

[fɪˈduːʃɪərɪ] adj & n (Law) → fiduciario/a
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
Next time you are planning the company's retirement plan committee meeting, think about who has responsibility for the welfare plans, and make sure governance for those plans is understood and those with fiduciary responsibilities are meeting their obligations.
"Version 1 was 10 to 12 slides on the basics of ERISA and fiduciary responsibilities, and we covered that information with our clients in an unstructured way," Itzoe recalls.
The PSCA 403(b) snapshot survey is the only research report of its kind that assesses plan sponsors' awareness of fiduciary responsibilities and delivers actionable insights to help 403(b) plan sponsors.
In "Serving the Public Interest--Promoting Better Government Reporting and Sustainable Corporate Governance" (April 2017), Editor-in-Chief Richard Kravitz states, "I would argue that [external] auditors have an even more critical fiduciary responsibility than ever before." He implies that independent auditors presently have "fiduciary responsibilities" arising from their auditing services.
'One of the top concerns of our clients is the increasing focus on their fiduciary responsibilities and the disclosures and oversight associated with it,' said Marc Caras, director of Pershing's Retirement Plan Business.
The rule also "raises the stakes for employers leaning on advisors to cover a company's fiduciary responsibilities," according to the study.
With recent tax law changes, Department of Labor requirements and court settlements, this course extends beyond the basics to cover special 401(k) testing rules and design options, as well as, ERISA and fiduciary responsibilities of the "parties of interest."
Fiduciary risk is the risk that arises from Islamic banks failure to perform in accordance with explicit and implicit standards applicable to their fiduciary responsibilities resulting in the deterioration of reputation.
Those are the folks--here DeWald puts on his compliance hat--"who get themselves and their firms in trouble." Instead, DeWald recommends that first, they "have to decide if they're committed." One reason is that "they're taking on fiduciary responsibilities," while another is "the sheer volume of legislation and regulation."
Plan sponsors, in contrast, need a range of fee information to fulfill their fiduciary responsibilities. Sponsors need additional information on service providers, investment options, and revenue sharing arrangements to assist them in monitoring plan fees and determining whether they continue to be reasonable in light of the services provided.