fiducial
- adjective
- /fɪˈduːʃəl/
- Formal
- The court examined whether the trustee fulfilled their fiducial responsibilities properly.
Examples
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He acted in a fiducial capacity while managing the estate.
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All contracts involving fiducial duties must be carefully supervised by a lawyer.
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A fiducial duty is essential.
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Don't forget about your fiducial responsibilities!
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The court examined whether the trustee fulfilled their fiducial responsibilities properly.
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He acted in a fiducial capacity while managing the estate.
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All contracts involving fiducial duties must be carefully supervised by a lawyer.
Synonyms
Relating to a relationship where one person manages another's money or property and must act in their best interest
Surface Forms
Morphology
fiducial = fiduciary (opaque) = fiduci + al
Although etymologically related to 'fiduciary' (trust), the combining form is not productive in English and the relation is not obvious to average learners.
Etymology
Fiducial comes from the Latin fiducia 'trust' and is like common words such as confidence and fidelity. That's why in law and finance a fiducial role means acting for someone else because they 'trust' you to do what is best for them.