fiduciary in FinancePowered by COBUILD (fɪduʃiɛri)
Word forms: (plural) fiduciaries
(Finance: General) A fiduciary is someone who is responsible for making monetarydecisions for someone else. ⇒ A fiduciary will hold assets for another party with the authority and duty to make decisions in the best interests of that other party. ⇒ In general legal terms, a fiduciary is anyone responsible for another party's money or property. ⇒ A fiduciary is someone who is responsible for making monetary decisions for someone else.
If a fiduciary relationship's involved, I think it must be fraudulentconversion, but I'd have to look it up to be sure.Howatch, Susan ABSOLUTE TRUTHSIt was a fiduciary relationship, one of trust as well as finances.Lisa Scottoline ROUGH JUSTICE