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fi·du·cia·ry fə-ˈdü-shē-ˌer-ē 
-shə-rē,
-ˈdyü-,
fī-
plural fiduciaries
: one that holds a fiduciary relation or acts in a fiduciary capacity
Did you know?
Fiduciary relationships often concern money, but the word fiduciary does not, in and of itself, suggest financial matters. Rather, fiduciary applies to any situation in which one person justifiably places confidence and trust in someone else and seeks that person's help or advice in some matter. The attorney-client relationship is a fiduciary one, for example, because the client trusts the attorney to act in the best interest of the client at all times. Fiduciary can also be used as a noun for the person who acts in a fiduciary capacity, and fiduciarily or fiducially can be called upon if you are in need of an adverb. The words are all faithful to their origin: Latin fīdere, which means "to trust."
Example Sentences
Recent Examples on the Web
Kate Aronoff, The New Republic, 29 Aug. 2022 Ultimately, the fiduciary responsibility of CEOs and directors is to represent and serve the best interests of shareholders. WSJ, 18 Aug. 2022 Boards hold the ultimate fiduciary responsibility because their power lies in the capacity to control key decisions around CEO hiring and firing, oversight of financials and other controls. James Langabeer, Forbes, 15 Aug. 2022 As health plan sponsors, employers have a fiduciary responsibility to spend their plan’s dollars in the best interest of employees. Erika Fry, Fortune, 4 May 2022 Agrawal cited the fiduciary responsibility of board members as a possible reason that Musk decided not to join the board. Alex Weprin, The Hollywood Reporter, 15 Apr. 2022 Assembly members have a fiduciary responsibility to the shareholders of the corporation of the Municipality of Anchorage. Anchorage Daily News, 17 Mar. 2022 Haddish is also accused of negligent supervision/failure to warn, breach of fiduciary duty, and constructive fraud. Sydney Bucksbaum, EW.com, 2 Sep. 2022 Haddish is sued for negligence supervision/failure to warn, breach of fiduciary duty and constructive fraud. Charmaine Patterson, Peoplemag, 1 Sep. 2022 Christopher Keating, Hartford Courant, 24 July 2022 After all, isn't attaining growth and defending value the purpose of a true fiduciary? Sharon Wagner, Forbes, 1 Aug. 2022 The Petitioner is qualified under the old probate code and a fiduciary under the present code and therefore an interested person. Bill Bowden, Arkansas Online, 20 May 2022 The duty of confidentiality requires a fiduciary to keep confidential any information which the disclosure of may be harmful or embarrassing to a beneficiary, even if that information has been disclosed by the beneficiary elsewhere. Matthew Erskine, Forbes, 25 Jan. 2022 Nussbaum suggests that the government could designate a suitable animal-welfare agency to act as a fiduciary for specific animals, which would allow them to be represented in court. Lawrence Wright, The New Yorker, 28 Feb. 2022 But now, Native leaders say that their younger shareholders place higher value on their culture and see the corporations as a potential source of Indigenous identity and belonging, with responsibilities that extend beyond the fiduciary. Nathaniel Herz, Anchorage Daily News, 16 Dec. 2021 Curtis also can no longer serve as a trustee or act as a fiduciary. Kolbie Peterson, The Salt Lake Tribune, 15 Dec. 2021 The filing requests that Jason Rubin, a licensed professional fiduciary, be appointed as the new conservator of Britney Spears' estate. Victoria Albert, CBS News, 27 July 2021 See More
Adjective
Banks and asset managers tend to vote blue and take a longer-term view of fiduciary responsibility, looking to insulate returns on their broad portfolios from the considerable financial risks posed by climate change. Kate Aronoff, The New Republic, 29 Aug. 2022 Ultimately, the fiduciary responsibility of CEOs and directors is to represent and serve the best interests of shareholders. WSJ, 18 Aug. 2022 Boards hold the ultimate fiduciary responsibility because their power lies in the capacity to control key decisions around CEO hiring and firing, oversight of financials and other controls. James Langabeer, Forbes, 15 Aug. 2022 As health plan sponsors, employers have a fiduciary responsibility to spend their plan’s dollars in the best interest of employees. Erika Fry, Fortune, 4 May 2022 Agrawal cited the fiduciary responsibility of board members as a possible reason that Musk decided not to join the board. Alex Weprin, The Hollywood Reporter, 15 Apr. 2022 Assembly members have a fiduciary responsibility to the shareholders of the corporation of the Municipality of Anchorage. Anchorage Daily News, 17 Mar. 2022 Haddish is also accused of negligent supervision/failure to warn, breach of fiduciary duty, and constructive fraud. Sydney Bucksbaum, EW.com, 2 Sep. 2022 Haddish is sued for negligence supervision/failure to warn, breach of fiduciary duty and constructive fraud. Charmaine Patterson, Peoplemag, 1 Sep. 2022 Noun
While managing a $44 billion pension fund, the treasurer is tasked as the sole fiduciary to make sure that the pensions for state employees and public school teachers are properly invested during the booms and busts on Wall Street. Christopher Keating, Hartford Courant, 24 July 2022 After all, isn't attaining growth and defending value the purpose of a true fiduciary? Sharon Wagner, Forbes, 1 Aug. 2022 The Petitioner is qualified under the old probate code and a fiduciary under the present code and therefore an interested person. Bill Bowden, Arkansas Online, 20 May 2022 The duty of confidentiality requires a fiduciary to keep confidential any information which the disclosure of may be harmful or embarrassing to a beneficiary, even if that information has been disclosed by the beneficiary elsewhere. Matthew Erskine, Forbes, 25 Jan. 2022 Nussbaum suggests that the government could designate a suitable animal-welfare agency to act as a fiduciary for specific animals, which would allow them to be represented in court. Lawrence Wright, The New Yorker, 28 Feb. 2022 But now, Native leaders say that their younger shareholders place higher value on their culture and see the corporations as a potential source of Indigenous identity and belonging, with responsibilities that extend beyond the fiduciary. Nathaniel Herz, Anchorage Daily News, 16 Dec. 2021 Curtis also can no longer serve as a trustee or act as a fiduciary. Kolbie Peterson, The Salt Lake Tribune, 15 Dec. 2021 The filing requests that Jason Rubin, a licensed professional fiduciary, be appointed as the new conservator of Britney Spears' estate. Victoria Albert, CBS News, 27 July 2021 See More 👨🏻🏫 Mr. Ng 韋氏詞典 📚 – mw.mister5️⃣.net
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