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English definition of “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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