A person or company that has contractually agreed, or a court has appointed, to manage the money or property of another. For example, a trustee or an executor of an estate.

Merriam-Webster Online Dictionary

fiduciary (noun)

one that holds a fiduciary relation or acts in a fiduciary capacity

fiduciary (adjective)

of, relating to, or involving a confidence or trust as

a) held or founded in trust or confidence

b) holding in trust

c) depending on public confidence for value or currency - fiduciary fiat money

Glossary: Fiduciary Duty
A legal obligation that requires a party to act in the best interest of another party. For example, a trustee has a fiduciary duty to the beneficiaries of a trust.

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Fiduciary

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