Meaning of “fiduciary” in the English Dictionary

"fiduciary" in English

See all translations


uk /fɪˈdʒuː.ʃi.ə.ri/ us /fɪˈduː.ʃ specialized

(Definition of “fiduciary” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"fiduciary" in Business English

See all translations


uk /fɪˈdjuːʃIəri/ us /-ˈduːʃier-/ LAW

relating to the responsibilities of a person or organization that manages property 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 managing director who was clearly in a fiduciary position.

fiduciarynoun [ C ]

uk /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” from the Cambridge Business English Dictionary © Cambridge University Press)

Need a translator?

Translator tool

Get a quick, free translation!