0 relating to the responsibility to take care of someone else's money in a suitable way:
1 relating to the responsibilities of a person or organization that manages property or money belonging to another person or organization:
fiduciary duties/obligations Management and the board of directors have fiduciary obligations which require that reports be produced in a manner consistent with these obligations.
"They have a fiduciary responsibility to watch the dollars at Chicago State," Davis said.
This case dealt with a managing director who was clearly in a fiduciary position.
2 a person or organization who is responsible for managing money or property for another person or organization:
Under the previously described list of content areas for ethics, this would fall under decisionmaking and fiduciary obligations.
A third, intermediate, monetary instrument is possible: fiduciary currency.
This virtue, best described as moral courage, is essential to fulfilling the obligations of the physician as a fiduciary of the patient.
In the trade-off between currency elasticity and monetary stability, fiduciary instruments lie between gold and bank-issued bills of exchange in gold.
Because enhancing certain opportunities necessarily diminishes others, providing a child with genetic enhancements violates the fiduciary responsibility of the parents to safeguard the child's future.
Financial advisors, policymakers, and pension fiduciaries can also make use of the book as a valuable guide to support their policies and recommendations.
This ought to open up a wide range of opportunities in the future, so it seems compatible with our fiduciary responsibility.
Under the current regulatory overlay, investment advisers also owe fiduciary duties to fund shareholders, including a duty to refrain from charging unreasonable fee levels.