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fiduciary |
Also found in: Legal, Financial, Encyclopedia, Wikipedia | 0.06 sec. |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Serious difficulties often result from companies fundamentally misinterpreting their fiduciary duties under the Employee Retirement Income Security Act, FRM said. A slightly different standard is used to assess whether a director of a public company has breached fiduciary duties at the federal level. Fiduciary Duties and Liabilities: Tax and Trust Accountant's Guide, by David H. |
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