fiduciary (Meaning)
fiduciary (n)
a person who holds assets in trust for a beneficiary
fiduciary (a)
relating to or of the nature of a legal trust (i.e. the holding of something in trust for another)
fiduciary (n.)
One who holds a thing in trust for another; a trustee.
One who depends for salvation on faith, without works; an Antinomian.
Synonyms & Antonyms of fiduciary
No Synonyms and anytonyms found
fiduciary Sentence Examples
- In a fiduciary relationship, one party acts in the best interests of another party.
- A trustee has a fiduciary duty to act in the best interests of the trust's beneficiaries.
- A fiduciary must exercise prudence, skill, and care when making decisions on behalf of the beneficiary.
- A fiduciary cannot use their position for personal gain.
- A fiduciary must disclose all material facts to the beneficiary.
- A fiduciary must avoid conflicts of interest.
- A fiduciary must act in good faith.
- A fiduciary must keep accurate records.
- A fiduciary must provide regular accountings to the beneficiary.
- A fiduciary is personally liable for any losses caused by their breach of duty.
FAQs About the word fiduciary
a person who holds assets in trust for a beneficiary, relating to or of the nature of a legal trust (i.e. the holding of something in trust for another)One who
No synonyms found.
No antonyms found.
In a fiduciary relationship, one party acts in the best interests of another party.
A trustee has a fiduciary duty to act in the best interests of the trust's beneficiaries.
A fiduciary must exercise prudence, skill, and care when making decisions on behalf of the beneficiary.
A fiduciary cannot use their position for personal gain.
