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View synonyms for fiduciary

fiduciary

[ fi-doo-shee-er-ee, -dyoo- ]

noun

, plural fi·du·ci·ar·ies.
  1. Law. a person to whom property or power is entrusted for the benefit of another:

    All investment advisors registered with the Securities and Exchange Commission (SEC) must act as fiduciaries.



adjective

  1. Law. of or relating to the relationship of trust and good faith between a fiduciary and the person for whom the fiduciary acts:

    The executor of a will has a fiduciary duty to act in the best interest of the beneficiary.

    The banks do not assume any financial responsibility—they act in a fiduciary capacity only.

    The American Medical Association said that physicians have a fiduciary responsibility to patients.

  2. depending on public confidence for value or currency, as fiat money.

fiduciary

/ fɪˈduːʃɪərɪ /

noun

  1. a person bound to act for another's benefit, as a trustee in relation to his beneficiary
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

adjective

    1. having the nature of a trust
    2. of or relating to a trust or trustee
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Derived Forms

  • fiˈduciarily, adverb
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Other Words From

  • fi·du·ci·ar·i·ly [fi-doo-shee-, er, -, uh, -lee, -dyoo-], adverb
  • non·fi·du·ci·ar·y adjective noun plural nonfiduciaries
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Word History and Origins

Origin of fiduciary1

First recorded in 1585–95; from Latin fīdūciārius “holding on trust; a trustee,” equivalent to fīdūci(a) “trust” + -ārius -ary
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Word History and Origins

Origin of fiduciary1

C17: from Latin fīdūciārius relating to something held in trust, from fīdūcia trust; see fiducial
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Example Sentences

“The exemplary conservator is one with a sense of fiduciary responsibility for the long-term health of the artwork,” he added.

In a sequence of rulings, Carter had found that the VA had a fiduciary duty to use the land for veterans housing and that the leases were invalid because they did not primarily serve veterans.

But Rosenberg had repeatedly put the court on notice that the government disagreed with Carter’s underlying ruling that the VA had a fiduciary duty to build housing for veterans on the campus at all.

Plaintiffs allege violations of fiduciary duties and securities laws, including media appearances by Henrik Fisker touting the company’s prospects even as its fortunes declined.

In any event, the FTC said, the merged company’s fiduciary responsibility is “to deliver returns to its shareholders — not to lower prices to consumers.”

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