Re: What Does a Corporate Board of Directors Do?
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FIDUCIARY Responsibility...we were thrown to the lions. Let your thoughts be known. Let them answer your questions!
fiduciary
[fi-doo-shee-er-ee, -dyoo-]
noun, plural fi·du·ci·ar·ies.
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Law.a person to whom property or power is entrusted for the benefit of another.
adjective
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Law.of or relating to the relation between a fiduciary and his or her principal: a fiduciary capacity; a fiduciary duty.
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of, based on, or in the nature of trust and confidence, as in public affairs: a fiduciary obligation of government employees.
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depending on public confidence for value or currency, as fiat money.
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