Definitions for Fiduciary
fɪˈdu ʃiˌɛr i, -ˈdyu-fidu·cia·ry

Princeton's WordNetRate this definition:0.0 / 0 votes

1. fiduciaryadjective

   a person who holds assets in trust for a beneficiary

   "it is illegal for a fiduciary to misappropriate money for personal gain"

2. fiduciary, fiducialadjective

   relating to or of the nature of a legal trust (i.e. the holding of something in trust for another)

   "a fiduciary contract"; "in a fiduciary capacity"; "fiducial power"

WiktionaryRate this definition:0.0 / 0 votes

1. fiduciarynoun

   One who holds a thing in trust for another; a trustee.

2. fiduciarynoun

   One who depends for salvation on faith, without works; an antinomian.

3. fiduciaryadjective

   Related to trusts and trustees.

   A fiduciary contract. A fiduciary duty.

4. fiduciaryadjective

   Pertaining to paper money whose value depends on public confidence or securities.

5. Etymology: From fiduciarius, from fiducia.

Samuel Johnson's DictionaryRate this definition:0.0 / 0 votes

1. Fiduciaryadjective

   1. Confident; steady; undoubting; untouched with doubt.

   That faith, which is required of us, is then perfect, when it produces in us a fiduciary assent to whatever the Gospel has revealed. William Wake, Preparation for Death.

   2. Not to be doubted.

   Elaiana can rely no where upon mere love and fiduciary obedience, unless at her own home, where she is exemplarily loyal to herself in a high exact obedience. James Howell, Voc. Forest.

2. Fiduciarynoun

   Etymology: fiduciarius, Latin.

   1. One who holds any thing in trust.2. One who depends on faith without works.

   The second obstructive is that of the fiduciary, that faith is the only instrument of his justification; and excludes good works from contributing any thing toward it. Henry Hammond.

WikipediaRate this definition:0.0 / 0 votes

1. Fiduciary

   A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (person or group of persons). Typically, a fiduciary prudently takes care of money or other assets for another person. One party, for example, a corporate trust company or the trust department of a bank, acts in a fiduciary capacity to another party, who, for example, has entrusted funds to the fiduciary for safekeeping or investment. Likewise, financial advisers, financial planners, and asset managers, including managers of pension plans, endowments, and other tax-exempt assets, are considered fiduciaries under applicable statutes and laws. In a fiduciary relationship, one person, in a position of vulnerability, justifiably vests confidence, good faith, reliance, and trust in another whose aid, advice, or protection is sought in some matter.: at p. 68  In such a relation, good conscience requires the fiduciary to act at all times for the sole benefit and interest of the one who trusts. A fiduciary is someone who has undertaken to act for and on behalf of another in a particular matter in circumstances which give rise to a relationship of trust and confidence. Fiduciary duties in a financial sense exist to ensure that those who manage other people's money act in their beneficiaries' interests, rather than serving their own interests. A fiduciary duty is the highest standard of care in equity or law. A fiduciary is expected to be extremely loyal to the person to whom he owes the duty (the "principal") such that there must be no conflict of duty between fiduciary and principal, and the fiduciary must not profit from their position as a fiduciary. (unless the principal consents). The nature of fiduciary obligations differs among jurisdictions. In Australia, only proscriptive or negative fiduciary obligations are recognised,: at p. 113  : at p. 198  whereas in Canada, fiduciaries can come under both proscriptive (negative) and prescriptive (positive) fiduciary obligations.In English common law, the fiduciary relation is an important concept within a part of the legal system known as equity. In the United Kingdom, the Judicature Acts merged the courts of equity (historically based in England's Court of Chancery) with the courts of common law, and as a result the concept of fiduciary duty also became applicable in common law courts. When a fiduciary duty is imposed, equity requires a different, stricter standard of behavior than the comparable tortious duty of care in common law. The fiduciary has a duty not to be in a situation where personal interests and fiduciary duty conflict, not to be in a situation where their fiduciary duty conflicts with another fiduciary duty, and a duty not to profit from their fiduciary position without knowledge and consent. A fiduciary ideally would not have a conflict of interest. It has been said that fiduciaries must conduct themselves "at a level higher than that trodden by the crowd" and that "[t]he distinguishing or overriding duty of a fiduciary is the obligation of undivided loyalty".: at par. 289 

ChatGPTRate this definition:0.0 / 0 votes

1. fiduciary

   A fiduciary is a person or organization that acts on behalf of another person or organization, especially with regards to financial or legal matters, and holds a duty to act in the best interest of the other party. This relationship of trust and responsibility is governed by binding ethical and legal obligations. Examples of fiduciaries include trustees, executors, guardians, or agents under power of attorney.

Webster DictionaryRate this definition:0.0 / 0 votes

1. Fiduciarynoun

   one who holds a thing in trust for another; a trustee

2. Fiduciarynoun

   one who depends for salvation on faith, without works; an Antinomian

3. Etymology: [L. fiduciarus, fr. fiducia: cf. F. fiduciaire. See Fiducial.]

WikidataRate this definition:0.0 / 0 votes

1. Fiduciary

   A fiduciary is a legal or ethical relationship of trust between two or more parties. Typically, a fiduciary prudently takes care of money for another person. One party, for example a corporate trust company or the trust department of a bank, acts in a fiduciary capacity to the other one, who for example has funds entrusted to it for investment. In a fiduciary relationship, one person, in a position of vulnerability, justifiably vests confidence, good faith, reliance and trust in another whose aid, advice or protection is sought in some matter. In such a relation good conscience requires the fiduciary to act at all times for the sole benefit and interest of the one who trusts. A fiduciary duty is the highest standard of care at either equity or law. A fiduciary is expected to be extremely loyal to the person to whom he owes the duty: he must not put his personal interests before the duty, and must not profit from his position as a fiduciary, unless the principal consents. In English common law the fiduciary relation is arguably the most important concept within the portion of the legal system known as equity. In the United Kingdom, the Judicature Acts merged the courts of equity with the courts of common law, and as a result the concept of fiduciary duty also became available in common law courts.

How to pronounce Fiduciary?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Fiduciary in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Fiduciary in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of Fiduciary in Pythagorean Numerology is: 6

Examples of Fiduciary in a Sentence

1. Julie Riewe:

   Mutual fund advisers have a fiduciary duty to manage the conflict of interest associated with fund distribution, namely whether to use their own assets or to recommend to their fund's board to use the fund's assets to distribute shares, first Eagle breached that fiduciary duty by using the funds' assets rather than its own money to pay for distribution.

2. Edward Siedle:

   For any prudent fiduciary, this case would demonstrate that pensions don't have the safeguards in place to monitor these investments and should get out.

3. Josh Lipsky:

   There are alternatives, companies are able to find those other markets and trading partners and meet all those fiduciary requirements to their shareholders. They've made the decision that Russia is not worth the risk.

4. The Delaware Supreme Court:

   We agree with the trial court that the individual defendants breached their fiduciary duties by engaging in conduct that fell outside the range of reasonableness, and that this was a sufficient predicate for its finding of aiding and abetting liability against Royal Bank of Canada.

5. Mike Schellinger:

   Had the fiduciary regulations been enacted as originally proposed, many IRA investors would have had to change brokers and/or lose access to broker advice.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=Fiduciary
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Fiduciary
3. ^ Samuel Johnson's Dictionary
   https://johnsonsdictionaryonline.com/views/search.php?term=Fiduciary
4. ^ Wikipedia
   https://en.wikipedia.org/wiki/Fiduciary
5. ^ ChatGPT
   https://chat.openai.com
6. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/Fiduciary
7. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=Fiduciary