fiduciary Meaning, Definition & Usage

  1. noun a person who holds assets in trust for a beneficiary
    • it is illegal for a fiduciary to misappropriate money for personal gain
  2. adjective relating to or of the nature of a legal trust (i.e. the holding of something in trust for another)
    fiducial.
    • a fiduciary contract
    • in a fiduciary capacity
    • fiducial power

WordNet


Fi*du"ci*a*ry noun
Definitions
  1. One who holds a thing in trust for another; a trustee.
    Instrumental to the conveying God's blessing upon those whose fiduciaries they are. Jer. Taylor.
  2. (Theol.) One who depends for salvation on faith, without works; an Antinomian. Hammond.

Webster 1913