- a person to whom property or power is entrusted for the benefit of another: All investment advisors registered with the Securities and Exchange Commission (SEC) must act as fiduciaries.
- of or relating to the relationship of trust and good faith between a fiduciary and the person for whom the fiduciary acts: The executor of a will has a fiduciary duty to act in the best interest of the beneficiary.The banks do not assume any financial responsibility—they act in a fiduciary capacity only.The American Medical Association said that physicians have a fiduciary responsibility to patients.
- depending on public confidence for value or currency, as fiat money.
- a person bound to act for another's benefit, as a trustee in relation to his beneficiary
- having the nature of a trust
- of or relating to a trust or trustee
