fiduciary
English
Etymology
From Latin fīdūciārius (“held in trust”), from fīdūcia (“trust”).
Pronunciation
- (Received Pronunciation) IPA(key): /fɪ.ˈdjuːʃ.i.əɹ.i/
- (General American) IPA(key): /fə.ˈduːʃ.i.eɹ.i/
Adjective
fiduciary (not comparable)
- (law) Relating to an entity that owes to another good faith, accountability and trust, often in the context of trusts and trustees.
- a fiduciary contract
- a fiduciary duty
- Pertaining to paper money whose value depends on public confidence or securities.
- 2002, Colin Jones, The Great Nation, Penguin 2003, page 63:
- Indeed, currency would be more effective for not being gold and silver but fiduciary paper money.
- 2002, Colin Jones, The Great Nation, Penguin 2003, page 63:
- (nonstandard) Accepted as a trusted reference such as a point, value, or marker; fiducial.
Usage notes
Do not confuse fiduciary with fiducial, notwithstanding that the words are cognate, based on a root of trust and reference to authoritative standards.
Derived terms
- fiduciary duty
Translations
Noun
fiduciary (plural fiduciaries)
- (law) One who holds a thing in trust for another.
- Synonym: trustee
- 2022 January 18, Andrew Ross Sorkin; Michael J. de la Merced, quoting Larry Fink, “It’s Not ‘Woke’ for Businesses to Think Beyond Profit, BlackRock Chief Says”, in The New York Times, ISSN 0362-4331:
- “We focus on sustainability not because we’re environmentalists, but because we are capitalists and fiduciaries to our clients,” Mr. Fink wrote.
- (theology) One who depends for salvation on faith, without works; an antinomian.
Derived terms
- personal fiduciary
Translations
trustee
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