Fiduciary
Definition, Meaning & Examples
Pronunciation /fɪˈdjuːʃ.i.əɹ.i/ · Part of speech adjective
Quick meaning: Fiduciary is an adjective meaning (law) Relating to an entity that owes to another good faith, accountability and trust, often in the context of trusts and trustees.
Meaning
(law) Relating to an entity that owes to another good faith, accountability and trust, often in the context of trusts and trustees.
More Meanings
- 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.
- (law) One who holds a thing in trust for another.
- (theology) One who depends for salvation on faith, without works; an antinomian.
Example Sentences
a fiduciary duty
a fiduciary contract
Indeed, currency would be more effective for not being gold and silver but fiduciary paper money.
“We focus on sustainability not because we’re environmentalists, but because we are capitalists and fiduciaries to our clients,” Mr. Fink wrote.
Word Forms
- fiduciaries
Synonyms for fiduciary
Depending on context, synonyms include trustee, fiducial.
Related Words
Related dictionary entries include fiducial, trustee, trusteeship, guardianship, custody, trust.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.