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fiduciary money

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  • Fiduciary Money —    Money held in trust and invested on behalf of a beneficiary. A fiduciary is one who holds assets for a beneficiary, such as an executor of a will …   Financial and business terms

  • money — moneyless, adj. /mun ee/, n., pl. moneys, monies, adj. n. 1. any circulating medium of exchange, including coins, paper money, and demand deposits. 2. See paper money. 3. gold, silver, or other metal in pieces of convenient form stamped by public …   Universalium

  • fiduciary — fi·du·cia·ry 1 /fə dü shə rē, dyü , shē ˌer ē/ n pl ries: one often in a position of authority who obligates himself or herself to act on behalf of another (as in managing money or property) and assumes a duty to act in good faith and with care,… …   Law dictionary

  • fiduciary — [fi do͞o′shē er΄ē, fidyo͞o′shē er΄ē; fi do͞o′shē ə rē, fi dyo͞o′shē ə rē, fi do͞o′shəə rē, fi dyo͞o′shə rē] adj. [L fiduciarius < fiducia, trust, thing held in trust < fidere, to trust: see FAITH] 1. designating or of a person who holds… …   English World dictionary

  • fiduciary capacity — n. The condition of acting, transacting business, or handling money on behalf of someone else. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • Fiduciary — One party, for example a corporate trust company or the trust department of a bank, holds a fiduciary relation or acts in a fiduciary capacity to another, such as one whose funds are entrusted to it for investment. In a fiduciary relation one… …   Wikipedia

  • fiduciary — /fad(y)uwsh(iy)ary/ The term is derived from the Roman law, and means (as a noun) a person holding the character of a trustee, or a character analogous to that of a trustee, in respect to the trust and confidence involved in it and the scrupulous …   Black's law dictionary

  • fiduciary — /fad(y)uwsh(iy)ary/ The term is derived from the Roman law, and means (as a noun) a person holding the character of a trustee, or a character analogous to that of a trustee, in respect to the trust and confidence involved in it and the scrupulous …   Black's law dictionary

  • fiduciary — One who must act for the benefit of another party. Bloomberg Financial Dictionary * * * ▪ I. fiduciary fi‧du‧ci‧a‧ry 1 [fɪˈduːʆiəri ǁ eri] noun fiduciaries PLURALFORM 1. [countable] LAW someone who is responsible for the assets of people,… …   Financial and business terms

  • fiduciary — fiduciarily, adv. /fi dooh shee er ee, dyooh /, n., pl. fiduciaries, adj. n. 1. Law. a person to whom property or power is entrusted for the benefit of another. adj. 2. Law. of or pertaining to the relation between a fiduciary and his or her… …   Universalium

  • Fiduciary Negligence — A professional malpractice in which a person fails to honor his or her fiduciary obligations and responsibilities. Fiduciary negligence occurs when a fiduciary fails to act on breaches of fiduciary duty when his or her actions could have… …   Investment dictionary

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