fiduciary

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Related to Fiduciary obligation: fiduciary duty, Fiduciary relationship

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 ?
Waytha Moorthy said the federal government is also aware of its fiduciary obligation under Article 8(5)(c) of the Federal Constitution to enable the government to provide 'for the protection, wellbeing or advancement of the aboriginal peoples of the Malay Peninsula' which includes the reservation of Orang Asli land.
In Asermely, the Rhode Island Supreme Court ruled that an insurance company "has a fiduciary obligation to act in the 'best interests of its insured in order to protect the insured from excess liability [and to] refrain from acts that demonstrate greater concern for the insurer's monetary interest than the financial risk attendant to the insured's situation.'"
(58) Examples of such accounts arc found in E Weinrib, The Fiduciary Obligation' (1975) 25 University of Toronto Law Journal I; Finn, Fiduciary Obligations, above n 28, [15]; J C Shepherd, 'Toward A Unified Concept of Fiduciary Relationships' (1981) 97 Law Quarterly Review 51; P B Miller, 'The Fiduciary Relationship' in A S Gold and P B Miller (eds) Philosophical Foundations of Fiduciary Law (Oxford UP, 2014) 63; L Smith, 'Fiduciary Relationships: Ensuring the Loyal Exercise of Judgement on Behalf of Another' (2014) 130 Law Quarterly Review 608; R Valsan, 'Fiduciary Duties, Conflict of Interest, and Proper Exercise of Judgment' (2016) 62 McGill Law Journal 1.
To be covered by this exemption, (i) defendants must owe a fiduciary obligation to the party for whom they are performing debt collecting services and (ii) defendants' debt-collection activity must be incidental to that fiduciary obligation.
I will not attempt to exhaustively review the scope and nature of the Crown's fiduciary obligation here, which has been ably done elsewhere.
(15) Part III presents legal arguments for and against servicers owing a fiduciary obligation to student loan borrowers.
While there is likely to be more detail and sophistication in any specific fiduciary interaction than what is described above--particularly where the facts of an individual situation demand it--the above portrayal establishes the basic parameters of a finding of fiduciary obligation. What is conspicuously absent, however, is any rationale or explanation of why the fiduciary duties exist and why their strict observation is necessary.
Your fiduciary obligation is to balance the financial sustainability of the association and maximize member services.
This fiduciary obligation is not actually spelled out in the Advisers Act itself, but was breathed into the statute in 1963 by the U.S.
This omission, in turn, enables them to craft a unified theory of fiduciary duties, and consequently of the role of the judge, without putting the time and effort of defending it against the bedrock of case-specificity that characterizes fiduciary obligation's jurisprudence.
The firm maintains an unwavering focus on delivering strong performance and is committed to responsible investing; in fact, responsible investing is integral to how AB defines its fiduciary obligation to helping clients achieve long-term investment objectives.
He identifies the "fundamental mistake" of that view as supposing "that the content of the fiduciary obligation is necessarily the private law duty of loyalty in which the fiduciary acts solely on behalf of a discrete beneficiary".