Adjective "fiduciary" definition and examples

Pronunciation

/fɪˈdjuːʃ(ə)ri/

Definitions and examples

adjective

Involving trust, especially with regard to the relationship between a trustee and a beneficiary.
  1. 'The Defendants' fiduciary relationship only came into being in the course of the fraud and was incidental to the means by which the fraud was perpetrated.'
  2. 'Trustees have a fiduciary duty to act in accordance with the trust deed and for the benefit of the beneficiaries.'
  3. 'The duty arose from the fiduciary relationship of guardian and ward, as established by statute.'
  4. 'Sale is a commercially adverse relationship; agency involves a fiduciary relationship of trust and confidence.'
  5. 'In fact, U.S. law, unlike Ontario, adopts the view that majority shareholders have a fiduciary duty to minority shareholders; see Perlman v.'
  6. 'In fact, this is a demanding standard, since the beneficiaries of the fiduciary duty must give their fully informed consent.'
  7. 'If a representee does not elect to avoid a voidable contract, the representor is not a constructive trustee of property transferred under the contract, and no fiduciary relationship exists between him and the representee.'
  8. 'Sponge does not actively mislead Maxwell, the parties are dealing at arm's length and are not, for example, in a fiduciary relationship where disclosure would be necessary.'
  9. 'However, before concluding that the Spill Trustee Council has violated its fiduciary duty as trustee, another explanation should be considered.'
  10. 'The categories of relationships giving rise to fiduciary duties are not closed.'
  11. 'fiduciary estates'
  12. 'The fiduciary estate is distinct from the fiduciary's personal wealth.'
(of a paper currency) depending for its value on securities (as opposed to gold) or the reputation of the issuer.
  1. 'A second contradiction is related to another limit on the circulation of fiduciary media mentioned by Wicksell, the limit set by the use of precious metals for industrial purposes.'
  2. 'Only later did I also become convinced that fluctuations in general business condition were completely dependent on the relationship of the quantity of fiduciary media in circulation to demand.'
  3. 'The later the crack-up comes, the longer the period in which the calculation of the entrepreneurs is misguided by the issue of additional fiduciary media.'

noun

A trustee.
  1. 'Responsibilities of investment fiduciaries have been brought to the forefront by recent misfeasance and malfeasance in the investment community.'
  2. 'Executors or trustees are fiduciaries - agents legally responsible for managing property for the benefit of another individual or a group.'
  3. 'While this may be true, it is clear that our Courts have moved forward in expanding the law governing fiduciaries.'
  4. 'Plan fiduciaries must understand the fee structure of the plan and demand full disclosure of compensation received directly or indirectly by service providers.'
  5. 'In making this determination, fiduciaries are required to take into consideration, among other things, the risk of loss and the opportunity for gain associated with the investment.'
  6. 'Because they would have to operate differently - as fiduciaries, not agents - and disclose much crucial information.'
  7. 'I do not accept that the plaintiffs appropriated a business opportunity from Biocan in starting their own company or that they were fiduciaries who owed a duty to the defendants.'
  8. 'In short, Judith claims that the Defendants breached their duties as fiduciaries regarding the deceased and/or breached their duty of care and acted in and with a conflict of interest.'
  9. 'Mutual fund companies are fiduciaries, meaning their top priority is to fulfill their responsibilities to others, not satisfy their own needs.'
  10. 'Lawyers and trustees have statutory and other legal obligations but are still fiduciaries.'

Definitions

1. Law. a person to whom property or power is entrusted for the benefit of another. adjective

2. Law. of or relating to the relation between a fiduciary and his or her principal: a fiduciary capacity; a fiduciary duty.

3. of, based on, or in the nature of trust and confidence, as in public affairs: a fiduciary obligation of government employees.

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

More examples(as adjective)

"duties can be fiduciary."

"accounts can be fiduciary."

"relationships can be fiduciary."

"responsibilities can be fiduciary."

"obligations can be fiduciary."

More examples++

Origin

Late 16th century (in the sense ‘something inspiring trust; credentials’): from Latin fiduciarius, from fiducia ‘trust’, from fidere ‘to trust’.