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Definitions from the Web

Fiduciary

Definition:

A fiduciary refers to a person or institution that is legally responsible for managing and safeguarding another person's assets.

Senses/Possible Related Products:

• Fiduciary duty
• Fiduciary services
• Fiduciary relationship

Examples:

Example 1 - Noun (Person)

1. John's lawyer acted as his fiduciary to handle his financial affairs.

2. As a fiduciary, the financial advisor had a legal obligation to act in the best interest of their clients.

3. The company appointed a fiduciary to oversee its pension fund.

Example 2 - Noun (Institution)

1. The bank was appointed as a fiduciary for the estate's trust fund.

2. Non-profit organizations often serve as fiduciaries for charitable donations.

Example 3 - Adjective

1. The lawyer provided fiduciary services to the wealthy elite.

2. The fiduciary relationship between the doctor and patient created a bond of trust.

3. The company ensured its employees abided by fiduciary duty.

Related Products:

Find books about fiduciary on Amazon.