Fiduciary
volume
British pronunciation/fɪdjˈuːʃəɹi/
American pronunciation/fəˈduʃiˌɛɹi/

Definitie & Betekenis van "fiduciary"

01

fiduciaris, trustee

a person or organization that holds a position of trust, responsibility, and confidence to manage assets or property on behalf of others
01

fiduciair, vertrouwens

legally obligated to act in the best interests of another party, typically when managing their assets or affairs

fiduciary

n
example
Voorbeeld
As a fiduciary, the trustee must act in the best interests of the beneficiaries.
The lawyer was appointed as the fiduciary to manage the estate after the owner's passing.
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