Web1. A person appointed to handle another person's finances. A fiduciary holds the assets of another person and is required to act in the best interests of that person; he/she is not allowed to invest for personal profit. See also: Prudent person rule. 2. Describing a duty or obligation to act in the best interest of another person or institution. WebDefine Fiduciary Responsibility. Fiduciary Responsibility synonyms, Fiduciary Responsibility pronunciation, Fiduciary Responsibility translation, English dictionary definition of Fiduciary Responsibility. adj. 1. a. Of or relating to a duty of acting in good faith with regard to the interests of another: a company's fiduciary responsibility to ...
fiduciary duty Wex US Law LII / Legal Information Institute
WebNov 24, 2014 · Any person or entity with a fiduciary duty who fails to uphold, or fails to act responsibly in fulfilling, his duties, obligations, and responsibilities as fiduciary, has … Webfiduciary n. pl: -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 … borrar cache de whatsapp en iphone
Fiduciary bond Definition & Meaning - Merriam-Webster
WebAug 19, 2024 · Fiduciary Definition: Examples and Why They Are Important A fiduciary is a person or organization that acts on behalf of a person or persons and is legally bound … WebDefine fiduciaries. fiduciaries synonyms, fiduciaries pronunciation, fiduciaries translation, English dictionary definition of fiduciaries. adj. 1. ... "A fiduciary relationship emerges in contexts where one person (the fiduciary) has discretionary power over the assets or legal interests of another (the beneficiary)." (5) ... WebAug 12, 2024 · A fiduciary is a person or organization that has agreed to act on behalf of customers, clients, or shareholders, facing legal consequences if they fail to do so. A fiduciary is typically one... borrar cache epic games