fi|du|ci|ar|y


fi|du|ci|ar|y
fi|du|ci|ar|y «fuh DOO shee EHR ee, -DYOO-», adjective, noun, plural -ar|ies.
–adj.
1. held in trust: »

fiduciary estates.

2. holding in trust. A fiduciary possessor is legally responsible for what belongs to another.
3. of a trustee; of trust and confidence: »

A guardian acts in a fiduciary capacity.

4. depending upon public trust and confidence for its value: »

Paper money that cannot be redeemed in gold or silver is fiduciary currency.

–n.
= trustee. (Cf.trustee)
[< Latin fīdūciārius (holding) in trust < fīdūcia a trust < fīdere to trust]

Useful english dictionary. 2012.


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