Legal Dictionary » Legal Terms » FIDUCIARY
| FIDUCIARY |
A Fiduciary is an individual in whom another has placed paramount trust and confidence to manage and protect property or money. The relationship in which one person has an obligation to act for another's benefit. Fiduciary Services may be provided by an individual such as a guardian to minors, or a corporation such as a bank, who for example may act as an administrator of estates.
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