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fiduciarily

 - 4 dictionary results

fi⋅du⋅ci⋅ar⋅y

  [fi-doo-shee-er-ee, -dyoo-] noun, plural -ar⋅ies, adjective
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–noun
1. Law. a person to whom property or power is entrusted for the benefit of another.
–adjective
2. Law. of or pertaining to the relation between a fiduciary and his or her principal: a fiduciary capacity; a fiduciary duty.
3. of, based on, or in the nature of trust and confidence, as in public affairs: a fiduciary obligation of government employees.
4. depending on public confidence for value or currency, as fiat money.
Origin:
1585–95; < L fīdūciārius of something held in trust, equiv. to fīdūci(a) trust + -ārius -ary

Related forms:
fi⋅du⋅ci⋅ar⋅i⋅ly, adverb
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Word Origin & History

fiduciary 
1640, from L. fiduciarius "(holding) in trust," from fidere "to trust" (see faith). In Roman law, fiducia was "a right transferred in trust;" paper currency sense (1878) is because its value depends on the trust of the public.
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

fiduciary

A person, such as an investment manager or the executor of an estate, or an organization, such as a bank, entrusted with the property of another party and in whose best interests the fiduciary is expected to act when holding, investing, or otherwise using that party's property.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: fiduciary
Function: adjective
Etymology: Latin fiduciarius, from fiducia trust, transfer of a property on trust
1 : of, relating to, or involving a confidence or trust fiduciary capacity>
2 : of or relating to a fiduciary or the position of a fiduciary fiduciary bond>
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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