Fiduciary Definition & Meaning - Merriam-Webster
WEBJul 29, 2011 · fi· du· cia· ry fə-ˈdü-shē-ˌer-ē. -shə-rē, -ˈdyü-, fī-. : of, relating to, or involving a confidence or trust: such as. a. : held or founded in trust or confidence. a fiduciary …
Fiduciary Definition: Examples and Why They Are Important
WEBMar 19, 2024 · Fiduciaries are persons or organizations that act on behalf of others and are required to put the clients’ interests ahead of their own, with a duty to preserve good faith and trust....
What Is a Fiduciary Duty? Examples and Types Explained
WEBJun 22, 2024 · A fiduciary accepts legal responsibility for duties of care, loyalty, good faith, confidentiality, and more when serving the best interests of a beneficiary. Fiduciary duty refers to the...
FIDUCIARY | English meaning - Cambridge Dictionary
WEBnoun [ C ] LAW uk / fɪˈdjuːʃIəri / us / -ˈduːʃier- / plural fiduciaries. a person or organization who is responsible for managing money or property for another person or organization: …
fiduciary Definition, Meaning & Usage | Justia Legal Dictionary
WEBA person in a position of authority who takes on the responsibility to act in the best interests of another party, such as managing their money or property. This person must perform the role with honesty, care, and loyalty.
Understanding fiduciary duty: Definition, types, and examples
WEBSep 3, 2024 · Taking the time to understand what fiduciary duty is will help you protect both yourself and your company. Our guide uncovers the types of fiduciary duties, how fiduciary duty relationships work, and what happens when you face a breach of fiduciary.
FIDUCIARY Definition & Meaning | Dictionary.com
WEBnoun. , plural fi·du·ci·ar·ies. Law. a person to whom property or power is entrusted for the benefit of another: All investment advisors registered with the Securities and Exchange Commission (SEC) must act as fiduciaries.
FIDUCIARY | definition in the Cambridge English Dictionary
WEBrelating to the responsibility to take care of someone else's money in a suitable way: a breach of fiduciary duty. SMART Vocabulary: related words and phrases. Trusts & …
What Is Fiduciary Duty? – Forbes Advisor
WEBMay 17, 2023 · What Is a Fiduciary? A person who is bound by the requirements of fiduciary duty is known as a fiduciary, and the person who benefits from fiduciary duty is referred to as a beneficiary.
Fiduciary - Definition, Examples, Cases, and Processes - Legal …
WEBNov 24, 2014 · When one person or entity agrees to act on behalf of another person or entity in matters of importance, such as legal, financial, and authority, he or she is considered a “fiduciary.”
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