Meaning of fiduciary

fi•du•ci•ar•y

Pronunciation: (fi-d'shē-er"ē, -dy'-), [key]
— n., pl. adj. -ar•ies,
—n.
  1. a person to whom property or power is entrusted for the benefit of another.
—adj.
  1. of or pertaining to the relation between a fiduciary and his or her principal: a fiduciary capacity; a fiduciary duty.
  2. of, based on, or in the nature of trust and confidence, as in public affairs: a fiduciary obligation of government employees.
  3. depending on public confidence for value or currency, as fiat money.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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