Definition of Fiduciary duty:
A legal obligation of one party to act in the best interest of another. The obligated party is typically a fiduciary, that is, someone entrusted with the care of money or property. Also called fiduciary obligation.
How to use Fiduciary duty in a sentence?
- It can be your fiduciary duty to stand up and help out another party even if it may not be in the best interest of your company.
- If you are forced to do something that you dont want to do just understand it is your fiduciary duty and get it over with.
- The gentleman had a fiduciary duty so that provided great relief for the woman knowing she was being taken care of by a caring individual.
Meaning of Fiduciary duty & Fiduciary duty Definition