fiduciary duty (Meaning)
Wordnet
fiduciary duty (n)
the legal duty of a fiduciary to act in the best interests of the beneficiary
Synonyms & Antonyms of fiduciary duty
No Synonyms and anytonyms found
fiduciary duty Sentence Examples
- 1) Fiduciary duty entails the responsibility of a person to act in the best interests of another party.
- 2) In a fiduciary relationship, one party is legally bound to act in the best interests of the other party.
- 3) Directors and officers of a corporation have a fiduciary duty to act in the best interests of the shareholders.
- 4) Trustees have a fiduciary duty to act in the best interests of the beneficiaries of the trust.
- 5) Attorneys have a fiduciary duty to act in the best interests of their clients.
- 6) Accountants have a fiduciary duty to act in the best interests of their clients.
- 7) Financial advisors have a fiduciary duty to act in the best interests of their clients.
- 8) A fiduciary must avoid conflicts of interest and must not profit personally from their position.
- 9) A fiduciary must disclose all material information to the other party.
- 10) A fiduciary must exercise due care and diligence in carrying out their duties.
FAQs About the word fiduciary duty
the legal duty of a fiduciary to act in the best interests of the beneficiary
No synonyms found.
No antonyms found.
1) Fiduciary duty entails the responsibility of a person to act in the best interests of another party.
2) In a fiduciary relationship, one party is legally bound to act in the best interests of the other party.
3) Directors and officers of a corporation have a fiduciary duty to act in the best interests of the shareholders.
4) Trustees have a fiduciary duty to act in the best interests of the beneficiaries of the trust.
