For Fiduciary we have terms and definitions in 19 topics. The topics are Accounting, Accounting Terms, Canadian Law, Charitable Donation, Charitable Donations, Commercial Real Estate, Employee Benefits, Fundraising, Grantmaking, Health Care, Insolvency, Insurance, Law, Legal, Personal Injury Law, Real Estate, Sanitation, Securities and Tax.

Fiduciary (Accounting)

Person who is responsible for the administration of property owned by others. Corporate management is a FIDUCIARY with respect to corporate ASSETS which are beneficially owned by the stockholders and CREDITORS. Similarly, a TRUSTEE is the fiduciary of a TRUST and partners owe fiduciary responsibility to each other and to their creditors.

Fiduciary (Accounting Terms)

Person who is responsible for the administration of property owned by others. Corporate management is a FIDUCIARY with respect to corporate ASSETS which are beneficially owned by the stockholders and CREDITORS. Similarly, a TRUSTEE is the fiduciary of a TRUST and partners owe fiduciary responsibility to each other and to their creditors.

Fiduciary (Canadian Law)

Normally, the term is synonymous to a trustee, which is the classic form of a fiduciary relationship. A fiduciary has rights and powers which would normally belong to another person. The fiduciary holds those rights which he or she must exercise to the benefit of the beneficiary. A fiduciary must not allow any conflict of interest to infect their duties towards the beneficiary and must exercise a high standard of care in protecting or promoting the interests of the beneficiary. Fiduciary responsibilities exist for persons other than trustees such as between solicitor and client and principal and agent.

Fiduciary (Charitable Donation)

A person or institution legally responsible for the management, investment and distributions of funds. Examples include trustees, executors and administrators.

Fiduciary (Charitable Donations)

A person or institution legally responsible for the management, investment and distributions of funds. Examples include trustees, executors and administrators.

Fiduciary (Commercial Real Estate)

Loyalty to a certain party.

Fiduciary (Employee Benefits)

One who occupies a position of confidence or trust and who exercises any power of control, management or disposition with respect to moneys or other property of an Employee Benefit Fund or who has authority to do so. Also includes an Executor or Trustee of an estate.

Fiduciary (Fundraising)

An individual or entity responsible to manage assets for the benefit of others. See also:Executor, Fiscal Sponsors

Fiduciary (Grantmaking)

An individual or entity responsible to manage assets for the benefit of others. See also:Executor, Fiscal Sponsors

Fiduciary (Health Care)

Relating to, or found upon, a trust or confidence. A fiduciary relationship exists where an individual or organization has an explicit or implicit obligation to act in behalf of another person's or organization's interests in matters which affect the other person or organization. This fiduciary is also obligated to act in the other person's best interest with total disregard for any interests of the fiduciary.

Fiduciary (Insolvency)

Sometimes considered to be synonymous with the word Trustee. A fiduciary holds certain rights which he or she must exercise for the benefit of the beneficiary.

Fiduciary (Insurance)

A person who occupies a position of special trust and confidence (for example, in handling or supervising the affairs or funds of another).

Fiduciary (Law)

A person or institution who manages money or property for another and who must exercise a standard care imposed by law, i.e., personal representative or executor of an estate, a trustee, etc.

Fiduciary (Legal)

A person or institution who manages money or property for another and who must exercise a standard care imposed by law, i.e., personal representative or executor of an estate, a trustee, etc.

Fiduciary (Personal Injury Law)

A person having a legal relationship of trust and confidence to another and having a duty to act primarily for the others benefit, e.g., a guardian, trustee, or executor.

Fiduciary (Real Estate)

A person in a position of trust or responsibility with specific duties to act in the best interest of a client. Real estate brokers and mortgage brokers are fiduciaries.

Fiduciary (Sanitation)

An individual or organization having duty, created by contract, to act primarily for the owner's benefit in respect to the trust and confidence involved in the duty and the scrupulous good faith and candor which it requires.

Fiduciary (Securities)

Someone who manages an account for the beneficiary of the account.

Fiduciary (Tax)

A person who holds something in trust for another (often used to describe executors and administrators of estates and trusts).

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