fiduciary

(redirected from Fiduciary Responsibilities)
Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia.
Related to Fiduciary Responsibilities: Fiduciary relationship, fiduciary obligations, Fiduciary duties

fiduciary (fidoo´shēerē),

n a person who has a duty to act primarily for another's benefit, as a trustee. Also, pertaining to the good faith and confidence involved in such a relationship.
References in periodicals archive ?
Since the costs are incurred incident to the change in ownership and not with respect to the board of directors' fiduciary responsibilities or the target's current business operations, capitalization is justified.
Costs directly related to defending corporate policies or fulfilling fiduciary responsibilities do not give rise to any long-term benefit or other capital asset and therefore should be deductible.
DES MOINES, Iowa -- Navigating fiduciary responsibilities can be a daunting task for retirement plan sponsors, but a new tool from the Principal Financial Group([R]) can help.
The new resource, the Annual Fiduciary File, provides a place to record and organize the documents and actions plan sponsors take throughout the year to help fulfill their fiduciary responsibilities.
Society's contract with the medical profession, which allows the healing professionals to touch patients in the performance of their arts and in pursuit of their fiduciary responsibilities, is perhaps unique among the professions.
Lowe's spokeswoman Suzanne McCoy said the company will not comment on potential new locations until the company completes its fiduciary responsibilities.
The DOL program, called "Getting It Right--Know Your Fiduciary Responsibilities," will provide employers and plan officials with an understanding of the law and the responsibilities which focus on steps to avoid the most common problems encountered in enforcement activities.
The Department of Labor and the AICPA recently announced they have partnered in a national campaign to educate employers and service providers about their fiduciary responsibilities under the Employee Retirement Income Security Act.
CPAs are trusted professionals; they understand the importance of establishing uniformly high standards of fiduciary responsibilities in financial planning.