fiduciarily
- adverb
- /fɪˈduːʃəˌrɪli/
- Formal
- The advisor acted fiduciarily in managing her client's investments.
Examples
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All assets must be handled fiduciarily according to the terms of the trust.
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He was required to manage the estate fiduciarily for the beneficiaries.
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The lawyer acted fiduciarily to protect her client's interests.
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He must handle the funds fiduciarily to avoid conflicts of interest.
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The financial advisor must manage the funds fiduciarily, ensuring the clients' interests come first.
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Fiduciarily, the trustee is obligated to act in the best interests of the beneficiaries of the estate.
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She handled the investments fiduciarily, maintaining transparency and trust with her clients.
Synonyms
In a careful way that shows others they can trust you to do what is right
Surface Forms
Morphology
fiduciarily = fiduciary (transparent) = fiduciar + ily
The adverbial form is transparently derived from the adjective 'fiduciary', indicating manner.
Etymology
The word fiduciarily comes from the Latin fiducia, which means 'trust' or 'confidence' and is the same root behind fidelity and confide. So to act fiduciarily is to manage someone's money or property 'in trust', always putting their interests and trust first.