Dictionary

1fiduciary

noun fi·du·cia·ry \-ˈdü-shē-ˌer-ē, -shə-rē, -ˈdyü-\
plural fi·du·cia·ries

Definition of FIDUCIARY

:  one that holds a fiduciary relation or acts in a fiduciary capacity
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First Known Use of FIDUCIARY

1631

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

2fiduciary

adjective

: relating to or involving trust (such as the trust between a customer and a professional)

Full Definition of FIDUCIARY

:  of, relating to, or involving a confidence or trust: as
a :  held or founded in trust or confidence
b :  holding in trust
c :  depending on public confidence for value or currency <fiduciary fiat money>

Origin of FIDUCIARY

Latin fiduciarius, from fiducia confidence, trust, from fidere
First Known Use: circa 1641

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

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