- Law. a person to whom property or power is entrusted for the benefit of another.
- Law. of or relating to the relation between a fiduciary and his or her principal: a fiduciary capacity; a fiduciary duty.
- of, based on, or in the nature of trust and confidence, as in public affairs: a fiduciary obligation of government employees.
- depending on public confidence for value or currency, as fiat money.
Origin of fiduciary
Examples from the Web for fiduciary
Those troublesome 65- and 66-year-olds, of course, raise not merely a fiduciary question, but a moral one.President Obama’s Looming Medicare Concession
December 11, 2012
So, no, I would not entrust my money to them, because it is clear that they do not feel any fiduciary responsibility to me.Poll Results: Our Readers Won't be Goldman Clients
March 14, 2012
Ruth Madoff's conduct included "fraudulent conveyances, breaches of fiduciary duties, conversions, and other wrongdoings."Ruth's $45 Million Stash
Allan Dodds Frank, Lucinda Franks
July 29, 2009
It needs transparency, capital requirements and fidelity to fiduciary duty.Why Obama Should Hire Eliot Spitzer
April 6, 2009
Of all fiduciary institutions, life insurance should be the most sacred.Frenzied Finance
Thomas W. Lawson
Is a United States standard silver dollar commodity or fiduciary money?Manual of References and Exercises in Economics
Frank A. Fetter
Had the government entered the market openly as a seller of its own fiduciary notes, its credit must have suffered.
For thousands of years Egypt used ingots, not real money, but it was acquainted with fiduciary money.
Finally, gold and silver are replaced by the letter of credit, the bank check, and the numerous forms of fiduciary money.
- a person bound to act for another's benefit, as a trustee in relation to his beneficiary
- having the nature of a trust
- of or relating to a trust or trustee
Word Origin and History for fiduciary
1630s, from Latin fiduciarius "(holding) in trust," from fiducia "trust" from root of fidere "to trust" (see faith). In Roman law, fiducia was "a right transferred in trust;" paper currency sense (1878) is because its value depends on the trust of the public. As a noun, from 1630s.