noun
a person or organization that acts on behalf of another person or organization, especially in a financial context
adjective
involving trust, especially with regard to the relationship between a trustee and a beneficiary
-
The attorney acted as a fiduciary for her client, ensuring that their best interests were always prioritized.
-
I trust my financial advisor to be a fiduciary and make decisions that benefit me in the long run.
-
My lawyer is like my fiduciary, always looking out for me and making sure I don't get into any trouble.
-
In a way, the CEO serves as a fiduciary for the company, responsible for leading it in the right direction and protecting its assets.