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fiduciary

fi·du·ci·ar·y

fiduciary

 
pronunciation:
f du shi eI ri [or] f du sh ri
parts of speech:
noun, adjective
features:
Word Combinations (noun, adjective), Word Parts
part of speech: noun
inflections: fiduciaries
definition: a person who is legally entrusted with the assets or powers of another, to be used in the other's best interest; trustee; agent.
A fiduciary managed the estate as the heir was too young to handle financial matters.
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part of speech: adjective
definition 1: of or concerning a fiduciary or the relationship between a fiduciary and his or her principal.
A stockbroker has fiduciary responsibilities to his or her client.
definition 2: of, pertaining to, or consisting of money that is not convertible into coin or specie but derives its value from public confidence or government decree; of or concerning fiat money.
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derivation: fiduciarily (adv.)
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