Fiduciary: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add definition. Source: Linked pages) |
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''Law.'' | 1. ''Law - noun.'' | ||
A fiduciary is a person who occupies a position of trust in relation to someone else and is required to act for the latter's benefit within the scope of that relationship. | A fiduciary is a person who occupies a position of trust in relation to someone else and is required to act for the latter's benefit within the scope of that relationship. | ||
Examples include trustees and company directors. | Examples include trustees and company directors. | ||
2. ''Law - adjective.'' | |||
Relating to a fiduciary, or arising from a position as a fiduciary. | |||
Latest revision as of 21:07, 11 September 2022
1. Law - noun.
A fiduciary is a person who occupies a position of trust in relation to someone else and is required to act for the latter's benefit within the scope of that relationship.
Examples include trustees and company directors.
2. Law - adjective.
Relating to a fiduciary, or arising from a position as a fiduciary.
