Fiduciary

Pronunciation

• UK IPA: /fʌɪˈdjuːʃəɹi/

Origin

From Latin fīdūciārius ("held in trust"), from fidūcia ("trust").

Full definition of fiduciary

Adjective

1. (legal) Related to trusts and trustees.a fiduciary contracta fiduciary duty
2. Pertaining to paper money whose value depends on public confidence or securities.
• 2002, Colin Jones, The Great Nation, Penguin 2003, p. 63:Indeed, currency would be more effective for not being gold and silver but fiduciary paper money.

Noun

1. (legal) One who holds a thing in trust for another; a trustee.
2. (theology) One who depends for salvation on faith, without works; an antinomian.