Printer Friendly
The Free Dictionary
987,907,564 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

fiduciary

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.04 sec.
Fiduciary
1. A person legally appointed and authorized to hold assets in trust for another person. The fiduciary manages the assets for the benefit of the other person rather than for his or her own profits.

2. A loan made on trust rather than against some security or asset.

Notes:
1. Children or elderly people typically need a fiduciary. The person who looks after the assets on the other's behalf is expected to act in the best interests of the person whose assets they are in charge of. This is know as "fiduciary duty".

Fiduciary
One who must act for the benefit of another party.
fiduciary
A person, such as an investment manager or the executor of an estate, or an organization, such as a bank, entrusted with the property of another party and in whose best interests the fiduciary is expected to act when holding, investing, or otherwise using that party's property.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
Department of Labor is bringing its fiduciary seminar, "Getting It Right--Know Your Fiduciary Responsibilities," to Sacramento Dec.
Free fiduciary seminar from the dol by California CPA
The tools and best practices for preparation of a fiduciary (or trust) accounting are included in a Practice Guide (Guide) to help CPAs provide better fiduciary accounting services.
Coming soon: AICPA practice guide for fiduciary (trust) accounting by McNamara, Lawrence H., Jr. / The Tax Adviser
Companies that offer their stock to employees through an employee stock ownership plan (ESOP) or 401(k) plan are increasingly vulnerable to fiduciary liability lawsuits, according to a white paper developed for the Chubb Group of Insurance Co.
Litigation: company stock plans more prone to suits by Heffes, Ellen M. / Financial Executive
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.