Meaning of the word fiduciary in English
What does fiduciary mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
fiduciary
US /fɪˈduː.ʃi.er.i/
UK /fɪˈduː.ʃi.er.i/
Adjective
1.
relating to the responsibility to take care of someone else's money in a suitable way:
Example:
•
a breach of fiduciary duty
Noun
1.
a person or organization who is responsible for managing money or property for another person or organization:
Example:
•
A court-appointed fiduciary has managed the trust for five years.
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