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Glossary > F > "Fiduciary" Definition

Fiduciary

1. A person legally appointed and authorized to hold assets in trust for another person. The fiduciary manages the assets for the benefit of the other person rather than for his/her own profits.

A person entrusted to manage the assets and interests of another. For example, an executor in a will would be so described.

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Fiduciary \ 1. A person legally appointed and authorized to hold assets in trust for another person. The fiduciary manages the assets for the benefit of the other person rather than for his/her own profits.

A person entrusted to manage the assets and interests of another. For example, an executor in a will would be so described.

Fiduciary / 1. a person legally appointed and authorized to hold assets in trust for another person. the fiduciary manages the assets for the benefit of the other person rather than for his/her own profits.

a person entrusted to manage the assets and interests of another. for example, an executor in a will would be so described.