fiduciary
IPA: fʌdˈuʃiɛri
noun
- (law) One who holds a thing in trust for another.
- (theology) One who depends for salvation on faith, without works; an antinomian.
adjective
- (law) Relating to an entity that owes to another good faith, accountability and trust, often in the context of trusts and trustees.
- Pertaining to paper money whose value depends on public confidence or securities.
- (nonstandard) Accepted as a trusted reference such as a point, value, or marker; fiducial.
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Examples of "fiduciary" in Sentences
- He is violating his fiduciary duty.
- The buyer's agent acts as a fiduciary for the buyer.
- It also takes fiduciary responsibility for the local.
- The most common breach is a breach of fiduciary duty.
- There will be an election to decide fiduciary regulations.
- The company breached their fiduciary duties to stockholders.
- An agent owes a fiduciary duty to be loyal to the principal.
- The Board of Directors manages fiduciary and strategic affairs.
- The Agent's primary fiduciary duty is to be loyal to the Principal.
- The distinguishing obligation of a fiduciary is the obligation of loyalty.
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