A fiduciary trust is a
References
External links
* [http://www.trading-glossary.com/t0322.asp Definition by Trading-Glossary.com]
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fiduciary relationship — fiduciary re·la·tion·ship n: a relationship in which one party places special trust, confidence, and reliance in and is influenced by another who has a fiduciary duty to act for the benefit of the party – called also confidential relationship,… … Law dictionary
fiduciary — fi·du·cia·ry 1 /fə dü shə rē, dyü , shē ˌer ē/ n pl ries: one often in a position of authority who obligates himself or herself to act on behalf of another (as in managing money or property) and assumes a duty to act in good faith and with care,… … Law dictionary
trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… … Law dictionary
fiduciary — [fi do͞o′shē er΄ē, fidyo͞o′shē er΄ē; fi do͞o′shē ə rē, fi dyo͞o′shē ə rē, fi do͞o′shəə rē, fi dyo͞o′shə rē] adj. [L fiduciarius < fiducia, trust, thing held in trust < fidere, to trust: see FAITH] 1. designating or of a person who holds… … English World dictionary
Fiduciary — Fi*du ci*a*ry (? or ?), a. [L. fiduciarus, fr. fiducia: cf. F. fiduciaire. See {Fiducial}.] 1. Involving confidence or trust; confident; undoubting; faithful; firm; as, in a fiduciary capacity. Fiduciary obedience. Howell. [1913 Webster] 2.… … The Collaborative International Dictionary of English
fiduciary — (adj.) 1630s, from L. fiduciarius (holding) in trust, from fiducia trust from root of fidere to trust (see FAITH (Cf. faith)). In Roman law, fiducia was a right transferred in trust; paper currency sense (1878) is because its value depends on the … Etymology dictionary
trust fund theory — or doctrine Generic term used in many contexts to describe the imposition of fiduciary obligations on persons who control money or property of another under certain circumstances. A creature of equity which operates to treat officers, directors,… … Black's law dictionary
trust fund theory or doctrine — Generic term used in many contexts to describe the imposition of fiduciary obligations on persons who control money or property of another under certain circumstances. A creature of equity which operates to treat officers, directors, or majority… … Black's law dictionary
trust fund doctrine — n: a doctrine holding that shareholders to whom assets of an insolvent corporation have been transferred are liable to creditors upon dissolution of the corporation; broadly: a doctrine holding that corporate assets are held as a trust fund for… … Law dictionary
Fiduciary — Fi*du ci*a*ry, n. 1. One who holds a thing in trust for another; a trustee. [1913 Webster] Instrumental to the conveying God s blessing upon those whose fiduciaries they are. Jer. Taylor. [1913 Webster] 2. (Theol.) One who depends for salvation… … The Collaborative International Dictionary of English
