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Fiduciary (Adjective)

Meaning

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".

Classification

Relational adjectives (pertainyms).

Examples

  • The company's financial advisor had a fiduciary duty to act in the best interests of the client.
  • The lawyer was acting in a fiduciary capacity when she managed the estate of the deceased.
  • The investment firm's fiduciary obligation was to maximize returns for its shareholders.
  • The trust agreement established a fiduciary relationship between the grantor and the trustee.
  • The board of directors had a fiduciary responsibility to make decisions that benefited the corporation as a whole.

Synonyms

  • Fiducial

Related Words

  • Fiduciary (noun)
  • Trust (noun)
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