fiduciary

listen to the pronunciation of fiduciary
Englisch - Englisch
Related to trusts and trustees

A fiduciary contract. A fiduciary duty.

One who holds a thing in trust for another; a trustee
One who depends for salvation on faith, without works; an antinomian
{n} one who holds in trust, one who depends on faith only
{a} confident, certain, steady
The person or legal entity that manages assets for the benefit of others Legally obligated to invest the assets in the best interest of the beneficiaries
Person or company entrusted with assets owned by another party (beneficiary), and is responsible for investing the assets until they are turned over to the beneficiary
A person legally appointed and authorized to hold assets in trust for another person and manage those assets for the benefit of that person
A person that acts for another person's benefit, like a trustee It can also be an adjective and mean something that is based on a trust or confidence (See also trustee )
a person who holds assets in trust for a beneficiary; "it is illegal for a fiduciary to misappropriate money for personal gain" relating to or of the nature of a legal trust i
A person who acts as a trustee or primarily for another person's benefit As a descriptive word rather than a noun, fiduciary means something based on a trust or confidence
Normally, the term is synonymous to a trustee, which is the classic form of a fiduciary relationship A fiduciary has rights and powers which would normally belong to another person The fiduciary holds those rights which he or she must exercise to the benefit of the beneficiary A fiduciary must not allow any conflict of interest to infect their duties towards the beneficiary and must exercise a high standard of care in protecting or promoting the interests of the beneficiary Fiduciary responsibilities exist for persons other than trustees such as between solicitor and client and principal and agent
A person holding the funds or property of another in a position of trust An example would be the executor of an estate (G)
A person who has assumed a special relationship to another person or another person's property, such as a trustee, administrator, executor, lawyer, or guardian The fiduciary must exercise the highest degree of care to maintain and preserve the person's rights and/or property which are within his/her charge
One who must act for the benefit of another party
A person or institution that takes the responsibility of acting on behalf of another person In reference to wills, estates and trusts, the following act in a fiduciary capacity for the maker of a will, for his estate and for his beneficiaries: his attorney(s), executor(s), trustee(s) and any guardian(s) they may name All are bound by good faith and trust
a person who holds assets in trust for a beneficiary; "it is illegal for a fiduciary to misappropriate money for personal gain"
{i} trustee, one who holds property or power for the benefit of another (Law)
A person who is entrusted with exercising rights and powers for the benefit of another person or other persons A fiduciary cannot benefit personally from the exercise of this responsibility
one who is entrusted with duties on behalf of another The law requires the highest level of good faith, loyalty and diligence of a fiduciary, higher than the common duty of care that we all owe one another The debtor in possession in a Chapter 11 is a fiduciary for the creditors, owing loyalty to the creditors and not the shareholders of the debtor
{s} of or pertaining to a trustee (Law); based on or involving trust or confidence; based on public confidence
Fiduciary is used to talk about things which relate to a trust, or to the people who are in charge of a trust. They have a case against their directors for breach of fiduciary duty. In law, a person in a position of authority whom the law obligates to act solely on behalf of the person he or she represents and in good faith. Examples of fiduciaries are agents, executors, trustees, guardians, and officers of corporations. Unlike people in ordinary business relationships, fiduciaries may not seek personal benefit from their transactions with those they represent
A person legally appointed and authorized to hold and manage assets in trust for another person
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"
the holding of something in trust for another; "a fiduciary contract"; "in a fiduciary capacity"; "fiducial power
One who occupies a position of confidence or trust and who exercises any power of control, management or disposition with respect to moneys or other property of an Employee Benefit Fund or who has authority to do so Also includes an Executor or Trustee of an estate
A person in a position of trust or responsibility with specific duties to act in the best interest of a client A real estate broker is a fiduciary for his/her clients
A person charged by law and equity with a higher duty of care for another person A person who, as a result of a relationship with another person, is required by law to place the other person's interests equal to or ahead of his own in all dealings involving that other person The relationship is often created when the other person approaches the fiduciary to use the fiduciary's special skills and knowledge, for a fee, to benefit the other person Real estate agents, lawyers, trustees, investment brokers etc are often fiduciaries
With regard to a pension plan, a person or organization with control over the plan or its assets
Under ERISA, a person is a "fiduciary" of an employee benefit plan under ERISA to the extent that the person either: (1) exercises any discretionary authority or discretionary control respecting management of the plan or exercises any authority or control respecting management or disposition of its assets; (2) renders investment advice for a fee or other compensation, direct or indirect, concerning any moneys or other property of the plan, or has any authority or responsibility to do so; or (3) has any discretionary authority or discretionary responsibility in the administration of the plan
A person, company, or association that holds assets in trust for a beneficiary The fiduciary is charged with the responsibility of investing the assets wisely for the beneficiary's benefit Examples of fiduciaries include executors of wills and estates, trustees, and those who administer the assets of underage or incompetent beneficiaries
relating to or of the nature of a legal trust i
Holding, held, or founded, in trust
Party in position of trust and confidence with another; agent or trustee
Relating to, or found upon, a trust or confidence A fiduciary relationship exists where an individual or organization has an explicit or implicit obligation to act in behalf of another person's or organization's interests in matters which affect the other person or organization This fiduciary is also obligated to act in the other person's best interest with total disregard for any interests of the fiduciary
An individual, company, or association responsible for managing another's assets Fiduciaries include executors of wills and estates, trustees, receivers in bankruptcy, and those responsible for managing the finances of a minor The person who provides investment advice to a company's qualified retirement plan for a fee, and/or has discretionary control or authority over the administration of the plan, and/or has authority or control over the assets of the plan
Person who is responsible for the administration of property owned by others Corporate management is a FIDUCIARY with respect to corporate ASSETS which are beneficially owned by the stockholders and CREDITORS Similarly, a TRUSTEE is the fiduciary of a TRUST and partners owe fiduciary responsibility to each other and to their creditors
With confidence
An individual or institution responsible for acting in the best interests of another party A fiduciary is bound by law and duty to put aside personal interests and act in good faith when making decisions for the benefit of another
A person having a legal relationship of trust and confidence to another and having a duty to act primarily for the others benefit, e g , a guardian, trustee, or executor
Involving confidence or trust; confident; undoubting; faithful; firm; as, in a fiduciary capacity
fiduciary duty
(Kanun) A duty obligating a fiduciary (as an agent or trustee) to act with loyalty and honesty and in a manner consistent with the best interests of the beneficiary of the fiduciary relationship (as a principal or trust beneficiary)
fiduciary duty
the legal duty of a fiduciary to act in the best interests of the beneficiary
fiduciary duty
A relationship of trust and responsibility that a HOA's Board of Directors or Board of Trustees owes towards all the unit owners
fiduciary duty
The legal responsibility for investing money or acting wisely on behalf of another Managers of charitable entities have fiduciary obligations to the charity See also: Ethical Behavior Topic areas: Fundraising and Financial Sustainability
fiduciary duty
The relationship of trust that buyers and sellers expect from a real estate agent The term also applies to legal and business relationships
fiduciary duty
Literally, a duty of trust depending on public confidence
fiduciary duty
Duties of care and loyalty created when a person undertakes to act for the benefit of another as to whom he has a relationship implying confidence and trust and creating the expectation that he will act with a high degree of good faith A general partner has a fiduciary duty to limited partners
fiduciary duty
The holding in trust of something by one person for another Also applies to legal, real estate and business relationships
fiduciary duty
An obligation to act in the best interest of another party
fiduciary duty
legal obligation of one party to act in the best interests of another Canada has a fiduciary obligation with respect to Indians and lands reserved for Indians under s 91(24)
fiduciary duty
Fiduciary duty is what describes the relationship between a real estate agent and a buyer or seller The term also applies to legal and business relationships as well
fiduciary duty
The duties of loyalty, disclosure, confidentiality, obedience, reasonable care and diligence and full accounting that are required by law of any agent relative to his/her principal
fiduciary duty
A duty imposed on a person who has a special relationship of trust with another
fiduciary duty
the requirement in law that union officers hold and manage union funds only for legitimate union purposes
fiduciary duty
The obligation to manage assets in the same way a prudent person would manage his hown assets
fiduciary relation
the legal relation that exists when one person justifiably places reliance on another whose aid or protection is sought in some matter
fiduciaries
plural of fiduciary
fiduciary

    Silbentrennung

    fi·du·ci·a·ry

    Türkische aussprache

    fıduşieri

    Aussprache

    /fəˈdo͞osʜēˌerē/ /fəˈduːʃiːˌɛriː/

    Etymologie

    () From Latin fiduciarius (“held in trust”), derived from fiducia (“trust”).
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