FIDUCIARY


Meaning of FIDUCIARY in English

/ fɪˈdjuːʃəri; NAmE ; NAmE also fɪˈduːʃieri/ adjective , noun

( law )

■ adjective

involving trust, especially in a situation where a person or company controls money or property belonging to others :

the company's fiduciary duty to its shareholders

■ noun

( pl. -ies ) a person or company that is in a position of trust, especially when it involves controlling money or property belonging to others

••

WORD ORIGIN

late 16th cent. (in the sense something inspiring trust; credentials ): from Latin fiduciarius , from fiducia trust, from fidere to trust.

Oxford Advanced Learner's English Dictionary.      Оксфордский английский словарь для изучающик язык на продвинутом уровне.