| Library / English Dictionary |
FIDUCIARY
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A person who holds assets in trust for a beneficiary
Example:
it is illegal for a fiduciary to misappropriate money for personal gain
Classified under:
Hypernyms ("fiduciary" is a kind of...):
individual; mortal; person; somebody; someone; soul (a human being)
Hyponyms (each of the following is a kind of "fiduciary"):
conservator (someone appointed by a court to assume responsibility for the interests of a minor or incompetent person)
administrator (the party appointed by a probate court to distribute the estate of someone who dies without a will or without naming an executor)
executor (a person appointed by a testator to carry out the terms of the will)
liquidator; receiver ((law) a person (usually appointed by a court of law) who liquidates assets or preserves them for the benefit of affected parties)
steward (someone who manages property or other affairs for someone else)
legal guardian; trustee (a person (or institution) to whom legal title to property is entrusted to use for another's benefit)
Derivation:
fiduciary (relating to or of the nature of a legal trust (i.e. the holding of something in trust for another))
II. (adjective)
Sense 1
Meaning:
Relating to or of the nature of a legal trust (i.e. the holding of something in trust for another)
Example:
fiducial power
Synonyms:
fiducial; fiduciary
Classified under:
Relational adjectives (pertainyms)
Pertainym:
trust (something (as property) held by one party (the trustee) for the benefit of another (the beneficiary))
Derivation:
fiduciary (a person who holds assets in trust for a beneficiary)
