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fiduciarily

fiduciarily

1 9.9
In a way that shows trust and care when managing someone else's money or property
  • adverb
  • /fɪˈduːʃəˌrɪli/
  • Formal
: fiduciariamente
  • The advisor acted fiduciarily in managing her client's investments.

Examples

  • All assets must be handled fiduciarily according to the terms of the trust.

  • He was required to manage the estate fiduciarily for the beneficiaries.

  • The lawyer acted fiduciarily to protect her client's interests.

  • He must handle the funds fiduciarily to avoid conflicts of interest.

  • The financial advisor must manage the funds fiduciarily, ensuring the clients' interests come first.

  • Fiduciarily, the trustee is obligated to act in the best interests of the beneficiaries of the estate.

  • She handled the investments fiduciarily, maintaining transparency and trust with her clients.

Synonyms

responsibly
vsfiduciarily
51 3.0

In a careful way that shows others they can trust you to do what is right

applies trust to managing someone else's assets and legal duty

Surface Forms

fiduciarily positive

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.