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Fiduciary
01
受托人, 信托人
a person or organization that holds a position of trust, responsibility, and confidence to manage assets or property on behalf of others
Example
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.
Investment advisors have a fiduciary duty to prioritize their clients' financial interests.
fiduciary
01
信托的, 受托的
legally obligated to act in the best interests of another party, typically when managing their assets or affairs
Example
The lawyer has a fiduciary duty to act in the best interests of their client.
Trustees have fiduciary responsibilities to manage assets for the benefit of beneficiaries.
As a financial advisor, she has a fiduciary obligation to prioritize her clients' interests.
