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Meaning of fiduciary

Source language: EnglishDictionary language: English

fiduciary

Pronunciation:/fʌɪˈdjuːʃəɹi/

noun

Definitions

  1. One who holds a thing in trust for another; a trustee.

  2. One who depends for salvation on faith, without works; an antinomian.

adjective

Definitions

  1. Relating to an entity that owes to another good faith, accountability and trust, often in the context of trusts and trustees.

    Example: a fiduciary contract

  2. Pertaining to paper money whose value depends on public confidence or securities.