Fiduciary

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.

See also

• Fiduciary duty
• Fiduciary services
• Proxy
• Trustees