English Dictionary |
FIDUCIARY
Pronunciation (US): | (GB): |
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Dictionary entry overview: What does fiduciary mean?
• FIDUCIARY (noun)
The noun FIDUCIARY has 1 sense:
1. a person who holds assets in trust for a beneficiary
Familiarity information: FIDUCIARY used as a noun is very rare.
• FIDUCIARY (adjective)
The adjective FIDUCIARY has 1 sense:
1. relating to or of the nature of a legal trust (i.e. the holding of something in trust for another)
Familiarity information: FIDUCIARY used as an adjective is very rare.
Dictionary entry details
Sense 1
Meaning:
A person who holds assets in trust for a beneficiary
Classified under:
Nouns denoting people
Context example:
it is illegal for a fiduciary to misappropriate money for personal gain
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))
Sense 1
Meaning:
Relating to or of the nature of a legal trust (i.e. the holding of something in trust for another)
Classified under:
Relational adjectives (pertainyms)
Synonyms:
fiducial; fiduciary
Context example:
fiducial power
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)
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