WebNov 2, 2024 · A fiduciary is a person or business who is responsible for another person or business’s assets. Unlike other financial advisers, fiduciary agents have a legal responsibility to act in the best interests of … Webfiduciary Meanings Synonyms Sentences In addition, SOX requires employees and professional advisors to disclose potential wrongdoing or breaches of fiduciary duty to a corporation's senior management. 7 2 The directors are subject to the general fiduciary duty to act bona fide for the benefit of the company as a whole. 6 4
What is another word for fiduciary - WordHippo
Webfī- : of, relating to, or involving a confidence or trust: such as a : held or founded in trust or confidence a fiduciary relationship a bank's fiduciary obligations b : holding in trust c : depending on public confidence for value or currency fiduciary fiat money fiduciary 2 of 2 … Webfiduciary (adj) a person who holds assets in trust for a beneficiary "it is illegal for a fiduciary to misappropriate money for personal gain" fiduciary, fiducial (adj) relating to or of the … ray ohio newspaper
Fiduciary definition and meaning Collins English Dictionary
WebJan 30, 2024 · A professional fiduciary should be named in a power of attorney agreement, either as an appointee of the agent or as the agent him- or herself. The agreement should spell out the fiduciary's fees, and it can include a provision giving family members legal authority to relieve the professional if they are dissatisfied with his or her performance. WebPronunciation of Definition of fiduciary with 1 audio pronunciations 0 rating Record the pronunciation of this word in your own voice and play it to listen to how you have pronounced it. Can you pronounce this word better or pronounce in different accent or variation ? Popular collections World Leaders -Gloria Mary 30 American cities. -Gloria Mary WebAug 19, 2024 · The adjective fiduciary means held or given in trust. A fiduciary commits to acting in the best interests of a principal or beneficiary. Types of Fiduciary Duties … ray ohio county auditor