fiduciary
noun
- person who takes care of money for another person or organization
adjective
No English definition recorded for this entry.
L336769 on Wikidata ↗Wiktionary
Pronunciation: /fɪˈdjuːʃ.i.əɹ.i/ / /fəˈduːʃ.i.eɹ.i/
adj
Etymology: From Latin fīdūciārius (“held in trust”), from fīdūcia (“trust”).
- 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.
“Indeed, currency would be more effective for not being gold and silver but fiduciary paper money.”
- Accepted as a trusted reference such as a point, value, or marker; fiducial.
noun
Etymology: From Latin fīdūciārius (“held in trust”), from fīdūcia (“trust”).
- One who holds a thing in trust for another.
““We focus on sustainability not because we’re environmentalists, but because we are capitalists and fiduciaries to our clients,” Mr. Fink wrote.”
- One who depends for salvation on faith, without works; an antinomian.