Re: Settlements - CenturyCom
posted on
Oct 16, 2006 06:00AM
Just by definition. If a fiduciary relationship does not exist please inform me.
fi‧du‧ci‧ar‧y /fɪˈduʃiˌɛri, -ˈdyu-/ Pronunciation Key - Show Spelled Pronunciation[fi-doo-shee-er-ee, -dyoo-] Pronunciation Key - Show IPA Pronunciation noun, plural -ar‧ies, adjective
–noun 1. Law. a person to whom property or power is entrusted for the benefit of another.
–adjective 2. Law. of or pertaining to the relation between a fiduciary and his or her principal: a fiduciary capacity; a fiduciary duty.
3. of, based on, or in the nature of trust and confidence, as in public affairs: a fiduciary obligation of government employees.
4. depending on public confidence for value or currency, as fiat money.
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[Origin: 1585–95; < L fīdūciārius of something held in trust, equiv. to fīdūci(a) trust + -ārius -ary]
—Related forms
fi‧du‧ci‧ar‧i‧ly, adverb