11 results for: fiduciary

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Dictionary.com Unabridged (v 1.1) - Cite This Source - Share This

fi·du·ci·ar·y

Audio Help [fi-doo-shee-er-ee, -dyoo-] Pronunciation Key noun, plural -ar·ies, adjective

–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 (v 1.1)
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006.

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Encyclopædia Britannica, Inc.
fiduciary

To learn more about fiduciary visit Britannica.com

American Heritage Dictionary - Cite This Source - Share This

fi·du·ci·ar·y Audio Help (fĭ-dōō'shē-ěr'ē, -shə-rē, -dyōō'-, fī-) Pronunciation Key
adj.

1. Of or relating to a holding of something in trust for another: a fiduciary heir; a fiduciary contract.
2. Of or being a trustee or trusteeship.
3. Held in trust.
Of or consisting of fiat money.
Of, relating to, or being a system of marking in the field of view of an optical instrument that is used as a reference point or measuring scale.

n. pl. fi·du·ci·ar·ies
One, such as an agent of a principal or a company director, that stands in a special relation of trust, confidence, or responsibility in certain obligations to others.

[Latin fīdūciārius, from fīdūcia, trust; see fiducial.]

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The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2006 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.

Online Etymology Dictionary - Cite This Source - Share This
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.

WordNet - Cite This Source - Share This

fiduciary
adjective
1.	relating to or of the nature of a legal trust (i.e. the holding of something in trust for another); "a fiduciary contract"; "in a fiduciary capacity"; "fiducial power"
noun
1.	a person who holds assets in trust for a beneficiary; "it is illegal for a fiduciary to misappropriate money for personal gain"

Investopedia - Cite This Source - Share This

Fiduciary

1. A person legally appointed and authorized to hold assets in trust for another person. The fiduciary manages the assets for the benefit of the other person rather than for his or her own profits.

2. A loan made on trust rather than against some security or asset.

Investopedia Commentary

1. Children or elderly people typically need a fiduciary. The person who looks after the assets on the other's behalf is expected to act in the best interests of the person whose assets they are in charge of. This is know as "fiduciary duty".

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See also: Beneficiary, Blind Trust, Trust

Wallstreet Words - Cite This Source - Share This

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.

Merriam-Webster's Dictionary of Law - Cite This Source - Share This

Main Entry: fi·du·cia·ry
Pronunciation: f&-'dü-sh&-rE, -'dyü-, -shE-"er-E
Function: noun
Inflected Form: plural -ries
: one often in a position of authority who obligates himself or herself to act on behalf of another (as in managing money or property) and assumes a duty to act in good faith and with care, candor, and loyalty in fulfilling the obligation : one (as an agent) having a fiduciary duty to another —see also fiduciary duty at DUTY, FIDUCIARY RELATIONSHIP —compare PRINCIPAL

Merriam-Webster's Dictionary of Law - Cite This Source - Share This

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 <a guardian acting in his fiduciary capacity>
2 : of or relating to a fiduciary or the position of a fiduciary <a fiduciary bond>