Crossword clues for fiduciary
The Collaborative International Dictionary
Fiduciary \Fi*du"ci*a*ry\ (? or ?), a. [L. fiduciarus, fr. fiducia: cf. F. fiduciaire. See Fiducial.]
Involving confidence or trust; confident; undoubting; faithful; firm; as, in a fiduciary capacity. ``Fiduciary obedience.''
--Howell.Holding, held, or founded, in trust.
--Spelman.
Fiduciary \Fi*du"ci*a*ry\, n.
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One who holds a thing in trust for another; a trustee.
Instrumental to the conveying God's blessing upon those whose fiduciaries they are.
--Jer. Taylor. (Theol.) One who depends for salvation on faith, without works; an Antinomian.
--Hammond.
Douglas Harper's Etymology Dictionary
1640s, "holding something in trust," from Latin fiduciarius "entrusted, held in trust," from fiducia "trust, confidence, reliance;" in law, "a deposit, pledge, security," from root of fidere "to trust" (see faith). In Roman law, fiducia was "a right transferred in trust;" paper currency sense (1878) is because its value depends on the trust of the public. As a noun, "one who holds something in trust," from 1630s.
Wiktionary
a. 1 (context legal English) Related to trusts and trustees. 2 Pertaining to paper money whose value depends on public confidence or securities. n. 1 (context legal English) One who holds a thing in trust for another; a trustee. 2 (context theology English) One who depends for salvation on faith, without works; an antinomian.
WordNet
adj. 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" [syn: fiducial]
n. a person who holds assets in trust for a beneficiary; "it is illegal for a fiduciary to misappropriate money for personal gain"
Wikipedia
A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (person or group of persons). Typically, a fiduciary prudently takes care of money or other asset for another person. One party, for example a corporate trust company or the trust department of a bank, acts in a fiduciary capacity to the other one, who for example has entrusted funds to the fiduciary for safekeeping or investment. Likewise, asset managers—including managers of pension plans, endowments and other tax-exempt assets—are considered fiduciaries under applicable statutes and laws. In a fiduciary relationship, one person, in a position of vulnerability, justifiably vests confidence, good faith, reliance, and trust in another whose aid, advice or protection is sought in some matter. In such a relation good conscience requires the fiduciary to act at all times for the sole benefit and interest of the one who trusts.
A fiduciary duty is the highest standard of care at either equity or law. A fiduciary (abbreviation fid) is expected to be extremely loyal to the person to whom he owes the duty (the " principal"): such that there must be no conflict of duty between fiduciary and principal, and the fiduciary must not profit from his position as a fiduciary (unless the principal consents). The nature of fiduciary obligations differ among jurisdictions. In Australia, only proscriptive or negative fiduciary obligations are recognised, whereas in Canada fiduciaries can come under both proscriptive and prescriptive (positive) fiduciary obligations.McInerney v MacDonald [1992] 2 SCR 138. CanLII
BLB Corp of Australia Establishment v Jacobsen (1974) 48 ALJR 372. LexisNexis
In English common law, the fiduciary relation is an important concept within a part of the legal system known as equity. In the United Kingdom, the Judicature Acts merged the courts of equity (historically based in England's Court of Chancery) with the courts of common law, and as a result the concept of fiduciary duty also became applicable in common law courts.
When a fiduciary duty is imposed, equity requires a different, stricter, standard of behavior than the comparable tortious duty of care at common law. The fiduciary has a duty not to be in a situation where personal interests and fiduciary duty conflict, not to be in a situation where his fiduciary duty conflicts with another fiduciary duty, and a duty not to profit from his fiduciary position without knowledge and consent. A fiduciary ideally would not have a conflict of interest. It has been said that fiduciaries must conduct themselves "at a level higher than that trodden by the crowd" and that "[t]he distinguishing or overriding duty of a fiduciary is the obligation of undivided loyalty".
Usage examples of "fiduciary".
It is only you, Dear Gunnery Sergeant Charles Bass, who stands between me and the delightful spread of fiduciary opulence on the table.
Prime Minister, he is a fiduciary and should be held to a higher standard than ordinary people rather than a lower standard, and still the church leaders say nothing.
Although Intel would seek board observation rights, it did not take a board seat in any company in its investment portfolio, primarily to prevent Intel employees from encountering fiduciary conflicts between their responsibilities to Intel and to the portfolio company.
When their clients ask for their money back, Swiss fiduciaries are expected to have it.
Sonluzor Lizor of Skane, from whom and for what treachery did you get that half-million junex that is now in Box NN728R in the Fifth Fiduciary?
Sonluzor Lizor of Skane, from whom and for what treachery did you get that half-million junex that is now in Box NN728R in the Fifth Fiduciary.
Those who work for Wall Street firms or other fiduciary institutions can make enough to force Eliot Spitzer to sit up and take notice.
What do you know about fiduciary bonds, roll-over percentages, PEPS, short-term interest-bearing investments, treasury bills and bank certificates of deposit?
The UN is not made of money, we all have a fiduciary duty to our shareholders to ensure that peacekeeping operations run at a profit, and there is a small matter of eighty kilograms of highly enriched—.
Su had advised that they close their doors until the matter was determined but Nangi, knowing how rumors flew in the Colony, had decided to keep the bank open and to issue an immediate story about Anthony Chin's dismissal for fiduciary improprieties to both the Chinese and English-language newspapers.
Su had advised that they close their doors until the matter was determined but Nangi, knowing how rumors flew in the Colony, had decided to keep the bank open and to issue an immediate story about Anthony Chin's dismissal for fiduciary improprieties to both the Chinese and English-language newspapers.
Perhaps the fellow holds public office, or is in some fiduciary position, or is a bishop or a college president, or a market analyst.
DMS evinced skepticism as to moral fiber of Yours Truly, commenced with a series of probing questions aimed at establishing my commitment to Mission, fiduciary resp.