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"a fiduciary contract" "in a fiduciary capacity"adjectiverelating to or of the nature of a legal trust (i.e. the holding of something in trust for another)
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"it is illegal for a fiduciary to misappropriate money for personal gain"nouna person who holds assets in trust for a beneficiary
Definition that contains fiduciary
- fiduciary duty the legal duty of a fiduciary to act in the best interests of the beneficiary
- trust company an organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services
- trust corporation an organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services
- blind trust a trust that enables a person to avoid possible conflict of interest by transferring assets to a fiduciary; the person establishing the trust gives up the right to information about the assets