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fiduciary

adjectivemasculinetechnicaltécnico/fiduˈsjaɾju/fi·du·ci·á·ri·o

Definition

Relating to a relationship of trust, where one person (fiduciary) manages assets for the benefit of another.

“The bank acts as a fiduciary administrator of the client's funds.”

“The relationship between the client and the wealth manager is fiduciary in nature.”

fiduciary dutyfiduciary relationshipfiduciary account