FIDUCIARY


Meaning of FIDUCIARY in English

[ fɪ'dju:ʃ(ə)ri ]

■ adjective

1》 Law involving trust, especially with regard to the relationship between a trustee and a beneficiary.

2》 Finance (of a paper currency) depending for its value on securities or the reputation of the issuer.

■ noun ( plural fiduciaries ) a trustee.

Origin

C16 (in the sense 'credentials'): from L. fiduciarius , from fiducia 'trust'.

Concise Oxford English vocab.      Сжатый оксфордский словарь английского языка.