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fiduciary

fiduciary

fiduciary - Dictionary definition and meaning for word fiduciary

Definition
(noun) a person who holds assets in trust for a beneficiary
Example Sentence
  • it is illegal for a fiduciary to misappropriate money for personal gain

Definition
(adj) relating to or of the nature of a legal trust (i.e. the holding of something in trust for another)
Synonyms : fiducial
Example Sentence
  • a fiduciary contract
  • in a fiduciary capacity
  • fiducial power

Mnemonics (Memory Aids) for fiduciary

FIDUCIARY = FInance Dealing for benefiCIARY
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