Fiduciary Meaning

Sure, here is the meaning of the word “fiduciary”:

Fiduciary: Trustworthy, loyal, committed to acting in the best interests of another.

Usage:– A fiduciary relationship is one in which one party is acting on behalf of another party, and is expected to act with the utmost care and loyalty.- The executor of a will is a fiduciary, because they are responsible for managing the estate according to the deceased person’s wishes.- A lawyer who represents a client in court is also considered to be a fiduciary, because they are entrusted with the client’s secrets and confidences.