| 释义 |
fiduciary
fi·du·ci·ar·y F0106500 (fĭ-do͞o′shē-ĕr′ē, -shə-rē, -dyo͞o′-, fī-)adj.1. a. Of or relating to a duty of acting in good faith with regard to the interests of another: a company's fiduciary responsibility to investors.b. Of or being a trustee or trusteeship.c. Held in trust.2. Of or consisting of fiat money.3. Of, relating to, or being a system of marking in the field of view of an optical instrument that is used as a reference point or measuring scale.n. pl. fi·du·ci·ar·ies One, such as an agent of a principal or a company director, who has a duty of acting in good faith with regard to the interests of another.
[Latin fīdūciārius, from fīdūcia, trust; see fiducial.]fiduciary (fɪˈduːʃɪərɪ) lawn, pl -aries (Law) a person bound to act for another's benefit, as a trustee in relation to his or her beneficiaryadj (Law) a. having the nature of a trustb. of or relating to a trust or trustee[C17: from Latin fīdūciārius relating to something held in trust, from fīdūcia trust; see fiducial] fiˈduciarily advfi•du•ci•ar•y (fɪˈdu ʃiˌɛr i, -ˈdyu-)
n., pl. -ar•ies,
adj. n. 1. Law. a person to whom property or power is entrusted for the benefit of another. adj. 2. Law. of or pertaining to the relation between a fiduciary and his or her principal. 3. of, based on, or in the nature of trust: fiduciary obligations of governments. 4. depending on public confidence for value or currency, as fiat money. [1585–95; < Latin fīdūciārius held in trust =fīdūci(a) trust + -ārius -ary] fi•du`ci•ar′i•ly, adv. fiduciarya person to whom property or power is entrusted for the benefit of another. — fiducial, fiduciary, adj.See also: Law
one who holds in trust; a trustee or depositary. See also theology.See also: FinanceThesaurus| Noun | 1. | fiduciary - a person who holds assets in trust for a beneficiary; "it is illegal for a fiduciary to misappropriate money for personal gain"individual, mortal, person, somebody, someone, soul - a human being; "there was too much for one person to do"conservator - someone appointed by a court to assume responsibility for the interests of a minor or incompetent personadministrator - the party appointed by a probate court to distribute the estate of someone who dies without a will or without naming an executorexecutor - a person appointed by a testator to carry out the terms of the willliquidator, receiver - (law) a person (usually appointed by a court of law) who liquidates assets or preserves them for the benefit of affected partiessteward - someone who manages property or other affairs for someone elselegal guardian, trustee - a person (or institution) to whom legal title to property is entrusted to use for another's benefit | | Adj. | 1. | fiduciary - relating to or of the nature of a legal trust (i.e. the holding of something in trust for another); "a fiduciary contract"; "in a fiduciary capacity"; "fiducial power"fiducial |
Translationsfiduciary
fiduciary (fĭdo͞o`shēĕ'rē), in law, a person who is obliged to discharge faithfully a responsibility of trust toward another. Among the common fiduciary relationships are guardian to ward, parent to child, lawyer to client, corporate director to corporation, trustee to trusttrust,
in law, arrangement whereby property legally owned by one person is administered for the benefit of another. Three parties are ordinarily needed for the relation to arise: the settlor, who bequeaths or deeds the property for another's benefit; the trustee, in whose hands
..... Click the link for more information. , and business partner to business partner. In discharging a trust, the fiduciary must be absolutely open and fair. Certain business methods that would be acceptable between independent parties dealing with one another "at arm's length" may expose a fiduciary to liability for having abused a position of trust. Thus, in an ordinary business transaction the prospective purchaser of land need not inform the seller of an imminent rise in realty values, but one buying land from a partner must disclose such information. In many cases courts will treat an unexplained profit derived from a fiduciary relationship as an instance of constructive fraudfraud,
in law, willful misrepresentation intended to deprive another of some right. The offense, generally only a tort, may also constitute the crime of false pretenses. Frauds are either actual or constructive.
..... Click the link for more information. .fiduciary Law1. a person bound to act for another's benefit, as a trustee in relation to his beneficiary 2. a. having the nature of a trust b. of or relating to a trust or trustee Fiduciary
FiduciaryAn individual in whom another has placed the utmost trust and confidence to manage and protect property or money. The relationship wherein one person has an obligation to act for another's benefit. A fiduciary relationship encompasses the idea of faith and confidence and is generally established only when the confidence given by one person is actually accepted by the other person. Mere respect for another individual's judgment or general trust in his or her character is ordinarily insufficient for the creation of a fiduciary relationship. The duties of a fiduciary include loyalty and reasonable care of the assets within custody. All of the fiduciary's actions are performed for the advantage of the beneficiary. Courts have neither defined the particular circumstances of fiduciary relationships nor set any limitations on circumstances from which such an alliance may arise. Certain relationships are, however, universally regarded as fiduciary. The term embraces legal relationships such as those between attorney and client, Broker and principal, principal and agent, trustee and beneficiary, and executors or administrators and the heirs of a decedent's estate. A fiduciary relationship extends to every possible case in which one side places confidence in the other and such confidence is accepted; this causes dependence by the one individual and influence by the other. Blood relation alone does not automatically bring about a fiduciary relationship. A fiduciary relationship does not necessarily arise between parents and children or brothers and sisters. The courts stringently examine transactions between people involved in fiduciary relationships toward one another. Particular scrutiny is placed upon any transaction by which a dominant individual obtains any advantage or profit at the expense of the party under his or her influence. Such transaction, in which Undue Influence of the fiduciary can be established, is void. fiduciary1) n. from the Latin fiducia, meaning "trust," a person (or a business like a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, good faith and honesty. The most common is a trustee of a trust, but fiduciaries can include business advisers, attorneys, guardians, administrators of estates, real estate agents, bankers, stock brokers, title companies, or anyone who undertakes to assist someone who places complete confidence and trust in that person or company. Characteristically, the fiduciary has greater knowledge and expertise about the matters being handled. A fiduciary is held to a standard of conduct and trust above that of a stranger or of a casual business person. He/she/it must avoid "self-dealing" or "conflicts of interests" in which the potential benefit to the fiduciary is in conflict with what is best for the person who trusts him/her/it. For example, a stockbroker must consider the best investment for the client, and not buy or sell on the basis of what brings him/her the highest commission. While a fiduciary and the beneficiary may join together in a business venture or a purchase of property, the best interest of the beneficiary must be primary, and absolute candor is required of the fiduciary. 2) adj. defining a situation or relationship in which a person is acting as a fiduciary for another. (See: trust, fiduciary relationship) Fiduciary
FiduciaryOne who must act for the benefit of another party.Fiduciary1. A person appointed to handle another person's finances. A fiduciary holds the assets of another person and is required to act in the best interests of that person; he/she is not allowed to invest for personal profit. See also: Prudent person rule.
2. Describing a duty or obligation to act in the best interest of another person or institution. For example, an elected government might state that it has a fiduciary duty to wisely use the taxes it collects.
3. An unsecured loan.fiduciary A person, such as an investment manager or the executor of an estate, or an organization, such as a bank, entrusted with the property of another party and in whose best interests the fiduciary is expected to act when holding, investing, or otherwise using that party's property.Fiduciary.A fiduciary is an individual or organization legally responsible for managing assets on behalf of someone else, usually called the beneficiary. The assets must be managed in the best interests of the beneficiary, not for the personal gain of the fiduciary. However, the concept of acting responsibly can be broadly interpreted, and may mean preserving principal to some fiduciaries and producing reasonable growth to others. Executors, trustees, guardians, and agents with powers of attorney are examples of individuals with fiduciary responsibility. Firms known as registered investment advisers (RIAs) are also fiduciaries. fiduciaryA person who enjoys a relationship of trust or confidence with respect to another such that the law will impose greater than normal responsibilities on the fiduciary for honesty, integrity,candor,and scrupulous good faith even if it means sacrificing the interests of the fiduciary. Typical fiduciaries include attorneys, real estate agents representing principals, trustees, and guardians. Because of the fiduciary relationship between an agent and principal, it is difficult to understand the concept of dual agency, in which the broker may represent both the buyer and seller.A seller's fiduciary must keep all the client's information confidential,not volunteer anything unless absolutely required by law, and attempt to gain the highest possible price for the property. A buyer's fiduciary must ferret out all secrets, volunteer all information regarding anything at all that might affect property values, recommend the most thorough home inspectors, and attempt to obtain the lowest possible price for a property. These positions are extremely difficult to reconcile in one person. FiduciaryOne who acts for an estate or trust to manage the property of the estate or trust.AcronymsSeeFfiduciary
Synonyms for fiduciarynoun a person who holds assets in trust for a beneficiaryRelated Words- individual
- mortal
- person
- somebody
- someone
- soul
- conservator
- administrator
- executor
- liquidator
- receiver
- steward
- legal guardian
- trustee
adj relating to or of the nature of a legal trust (i.e. the holding of something in trust for another)Synonyms |