Skip to main content
fiduciary

fiduciary

17 9.3
Relating to a relationship where one person manages another's money or property and must act in their best interest
  • adjective
  • /fɪˈduːʃiˌɛri/
  • Specialized
translation icon : fiduciario
  • I have fiduciary responsibilities to uphold.
  • fiduciary duty
  • fiduciary obligation
  • fiduciary responsibility

But the central bank, you see, they are taking, I think, more seriously than they have to their so-called fiduciary responsibility to the government.

Autoplay Next

Examples

  • But it's much like an investor has a fiduciary responsibility to give you advice that's good for your, you and your money.

  • You and Eugene have till the end of the day to settle your fiduciary responsibilities.

  • Look, I get that this is personal for you, but we have a fiduciary responsibility.

  • And they have a fiduciary duty to use our private information and their expertise to help us.

  • I trust you understand the various fiduciary duties we have as a university.

  • Just remember, you have a fiduciary relationship with our client, Mr. Berman.

  • The AMC share board has the duty, the fiduciary duty to make sure that AMC shareholders are protected.

  • As a financial advisor, you have a fiduciary duty to act in your clients' best interests.

  • The lawyer emphasized the importance of maintaining a fiduciary relationship with her clients at all times.

  • In her role as a trustee, she had a strict fiduciary responsibility to manage the trust's funds wisely.

Synonyms

fiducial
vsfiduciary
  • Formal
9.9

Having a duty to hold or manage something for another person

focuses on a personal trust relationship of one managing another's assets

Compounds

4 7.9

Legal responsibility to act in another person's best interest, for example when managing their money

8.9

A relationship where one person trusts another who must act for their benefit

Surface Forms

fiduciary positive

Etymology

Fiduciary comes from the Latin fiducia 'trust' and fidere 'to trust', the same root you see in fidelity and confide. That's why fiduciary describes a duty or relationship that is based on trust, like managing money for someone else.