fiduciary
|fi-du-ci-ar-y|
🇺🇸
/fɪˈduːʃiˌɛri/
🇬🇧
/fɪˈdjuːʃiəri/
trust relationship
Etymology
'fiduciary' originates from Latin, specifically the word 'fiduciarius,' where 'fiducia' meant 'trust.'
'fiduciarius' transformed into the French word 'fiduciaire,' and eventually became the modern English word 'fiduciary' through Middle English.
Initially, it meant 'trust,' but over time it evolved into its current meaning of 'relating to trust or a trustee.'
Meanings by Part of Speech
Noun 1
a person who holds a legal or ethical relationship of trust with one or more other parties.
As a fiduciary, the financial advisor must prioritize the client's needs.
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Adjective 1
relating to or involving trust, especially with regard to the relationship between a trustee and a beneficiary.
The lawyer had a fiduciary duty to act in the best interest of his client.
Synonyms
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Last updated: 2025/01/11 11:45
