fiduciary

Definition

Relating to an entity that owes to another good faith, accountability and trust, often in the context of trusts and trustees.

Etymology

From Latin fīdūciārius (“held in trust”), from fīdūcia (“trust”).

Example Sentences

• "a fiduciary contract"
• "a fiduciary duty"
• "Indeed, currency would be more effective for not being gold and silver but fiduciary paper money."