Fiduciary
Related Category: Legal Terms and Concepts
(fd´sh´´r), in law, a person who is obliged to discharge faithfully a responsibility of trust toward another.
Fiduciary definition:
A legal duty of loyalty and faithfulness towards another.
In Joostens Canada v Gibsons Studios (42 BCLR 3d 149, 1997), the British Columbia Court of Appeal wrote of fiduciary: ...
Fiduciary
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Fiduciary Relationship: A special relationship in which one party, the fiduciary, owes heightened duties of good faith and responsibility to the other party.
Fiduciary: A person or institution that is legally responsible for the management, investment, and distribution of funds (i.e. the trustee identified in a trust).
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Fiduciary
Normally, the term is synonymous to a trustee, which is the classic form of a fiduciary relationship. A fiduciary has rights and powers which would normally belong to another person.
fiduciary
1) n. from the Latin fiducia, meaning "trust," a person (or a business like a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, ...
Fiduciary:
Sometimes considered to be synonymous with the word Trustee. A fiduciary holds certain rights which he or she must exercise for the benefit of the beneficiary.
Fiduciary: A person or organization who is given authority and responsibility over assets not owned by that fiduciary, such as an executor or personal representative in an estate, a trustee for a trust, or a conservator in a conservatorship.
fiduciary pl: -ries : one often in a position of authority who obligates himself or herself to act on behalf of another (as in managing money or property) and assumes a duty to act in good faith and with care, ...
Fiduciary - A person or institution who manages money or property for another and who must exercise a standard care imposed by law, i.e., personal representative or executor of an estate, a trustee, etc.
fiduciaryA person who has assumed a special relationship to another person or another person's property, such as a trustee, administrator, executor, lawyer, or guardian.
Fiduciary
A person in a position of confidence who has the duty to act responsibly with respect to another's money or property; a trustee; one acting in a fiduciary capacity or relationship.
FIDUCIARY DUTY: An obligation to act in the best interest of another party.
Fiduciary
A person having a legal relationship of trust and confidence to another and having a duty to act primarily for the other's benefit: i.e., a guardian, trustee or executor.
fiduciary A person holding the position of a trustee, or a position analogous to that of a trustee, in respect to the trust and confidence involved in the position, and the good faith and candor that it requires.
fiduciary: A person that acts for another person's benefit, like a trustee. It can also be an adjective and mean something that is based on a trust or confidence. (See also trustee.) ...
FIDUCIARY. This term is borrowed from the civil law. The Roman laws called a fiduciary heir, the person who was instituted heir, and who was charged to deliver the succession to a person designated by the testament. Merl. Repert. h. t.
Fiduciary
A fiduciary is person, synonymous to a trustee, who has rights and powers which would normally belong to another person and strict obligations in carrying out those rights.
Fiduciary
A fiduciary is a person or entity which manages assets or money for someone else and who must exercise a standard of care set by law.
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Term: Fiduciary
Definition: A person in a position of confidence who has the duty to act responsibly with respect to another's money or property; a trustee; one acting in a fiduciary capacity or relationship.
Fiduciary relationship
Definition - Noun
: a relationship in which one party places special trust, confidence, and reliance in and is influenced by another who has a fiduciary duty to act for the benefit of the party
see also fiduciary duty at duty ...
fiduciary
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Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Care (band)". Read more ...
See Principal, Fiduciary, and Fiduciary duty.
Definition from Nolo's Plain-English Law Dictionary ...
Fiduciary This term comes from the root for "faith". A fiduciary relationship, for example, is one based on faith - e.g., a trustee or guardian in whom in entrusted a responsibility to act faithfully with regard to the property of others.
Briefly, the conclusion they came to was that the principles of the Act of 1844, which upon the whole had been fully justified by experience, should be maintained, namely, that there should be a fixed fiduciary issue beyond which, ...
Fiduciary: Person (such as a trustee, company director or executor) who exercises rights and powers for the benefit of another person, but without being under the control of that person.
of a client, whose interests were materially adverse to a former client in a matter substantially related to that in which he or she represented the former client, was an impermissible conflict of interest, giving rise to breach of a fiduciary duty.
(see: fiduciary duty)
What actions may be undertaken by the officers of a corporation in their capacity as such, and what actions require the approval of the directors or of the shareholders? (see: corporate governance) ...
Trusts
the area of law that creates a fiduciary relationship in which one party holds legal title to another's property for the benefit of a party who holds equitable title to the property (see also estate planning).
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Civil Causes of Action Breach of Fiduciary Duty
Convent
Civil Causes of Action Breach of Rental Agreement ...
The word "fiduciary" can be used to describe the responsibilities of the trustee towards the beneficiary. A will is a form of trust but trusts can be formed during the lifetime of the settlor in which case it is called an inter vivos or living trust.
Discharge - The name given to the bankruptcy court's formal discharge of a debtor's debts. In probate, the release of the estate's representative from fiduciary responsibility.
Disclaim - To refuse a gift made in a will.
Confidential Relation A relationship of intimacy and trust, especially one in which one person is in a position of greater knowledge or power. (See also: fiduciary)
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The Oxford dictionary defines a Power of Attorney as "the authority to act for another person in specified legal or financial matters". Simply speaking, a Power of Attorney establishes a fiduciary. . .
FiduciaryA person who has a legal obligation to act in good faith for the benefit of another person, for example a trustee. Describes the nature of the duty that such a person owes to the beneficiary.
 See also: Law, Person, State, Trust, Action
  
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