fiduciary Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “fiduciary” in the English Dictionary

"fiduciary" in British English

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fiduciaryadjective

uk   /fɪˈdjuː.ʃi.ə.ri/  us   /-ˈduː.ʃi.er-/ specialized
relating to the ​responsibility to take ​care of someone else's ​money in a ​suitable way: a ​breach of fiduciary ​duty
(Definition of fiduciary from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"fiduciary" in Business English

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fiduciaryadjective

uk   /fɪˈdjuːʃIəri/  us   /-ˈduːʃier-/ LAW
relating to the ​responsibilities of a ​person or ​organization that ​managesproperty or ​money belonging to another ​person or ​organization: fiduciary duties/obligations Management and the ​board of ​directors have fiduciary ​obligations which ​require that ​reports be ​produced in a manner consistent with these ​obligations. "They have a fiduciary ​responsibility to watch the ​dollars at Chicago ​State," Davis said. This ​case dealt with a ​managingdirector who was clearly in a fiduciary ​position.

fiduciarynoun [C]

uk   /fɪˈdjuːʃIəri/  us   /-ˈduːʃier-/ (plural fiduciaries) LAW
a ​person or ​organization who is ​responsible for ​managingmoney or ​property for another ​person or ​organization: A court-appointed fiduciary has ​managed the ​trust for five ​years.
(Definition of fiduciary from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “fiduciary”
in Chinese (Simplified) 信托的, 信用的…
in Chinese (Traditional) 信託的, 信用的…
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“fiduciary” in Business English

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