fiduciary

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Related to Fiduciary relationship: fiduciary duty

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 petitioners contended that top court in 2016 while directing disclosure of a very similar type of information sought under the RTI Act had observed RBI is clearly not in any fiduciary relationship with any bank.
"PIANJ has been a strong advocate for the passage of this legislation, and we applaud the state Legislature for working to clarify that insurance producers are expected to exercise ordinary and reasonable care and skill in renewing, procuring, binding or placing insurance, and are fully liable for negligent actions--but that they are not subject to civil liability under standards governing the conduct of a fiduciary or a fiduciary relationship," said PIANJ President Rip Bush, CPIA.
"MONY and AXA ask that this Court dismiss this count on the grounds that there is no fiduciary relationship between an insurer and its insured.
RBI had refused to disclose such information on the grounds of economic interest and holding such information in fiduciary relationship with these individual banks.
Jammu: Jammu and Kashmir on Friday became India's first state to enact a law explicitly banning sexual exploitation of women by those in positions of authority, or those having a fiduciary relationship -- or by a public servant.
By establishing a special fiduciary relationship between online providers and users, companies that use or sell peoples data will be held responsible for keeping consumers safe from harm, data breaches, and unnecessary invasions of privacy, said Senator Cortez Masto.
The protagonists are not typically arguing about what duties are owed by a person who stands in a fiduciary relationship to another.
Specifically, I argue that the citizen-government relationship may be fairly characterized as a fiduciary relationship. And it follows from that, based on a line of reasoning advanced in the private law fiduciary literature, that the objective of social rights enforcement should be to facilitate citizen trust in the citizen-government relationship.
State laws can vary in this matter, but usually the real estate agent has a special fiduciary relationship to the principal (the client) for whom he or she is acting.
"To belabor the point, when the check was placed in the custody of the mayor, it created as between him and Seaway Lending a fiduciary relationship that obliged him to deliver the amount, represented by the check, to the municipality in whose behalf and under whose authority he was only acting," the court ruled.
Moore claims that Morton breached his fiduciary relationship with her as her spiritual leader and counsellor when he "took advantage of her vulnerability and commenced a sexual affair, which ended in the horrific assaults on her person."
(67) To determine whether a fiduciary relationship exists, one must analyze the relationship in its entirety, taking into account the particular circumstances or facts surrounding it.