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English definition of “fiduciary”

fiduciary

noun [C]
 
 
/fɪˈdjuːʃIəri/ US   /-ˈduːʃier-/ ( plural fiduciaries) LAW
a person or organization who is responsible for managing money or property for another person or organization: A court-appointed fiduciary has managed the trust for five years.
(Definition of fiduciary noun from the Cambridge Business English Dictionary © Cambridge University Press)
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