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Word of the Day: Fiduciary

Word of the Day: Many people might search the Word of the Day, well check this article and know todays word along with its meaning. Word of the Day gives you a clear idea on various words to improve your vocabulary skills.

by Mubarak Ali

Updated Dec 14, 2022

Word of the Day

Improve your vocabulary by learing a new word daily. There are many words in the dictionary which we do not know the meaning. So you can come to know many new words daily by refering videos, reading books and so on.

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Well this article is all about Word of the Day. Today's word is Fiduciary(/fɪˈdjuːʃ(ə)ri/). Get to know more about Fiduciary and its meaning.

Fiduciary

A formal word with the definition "related to or involving trust fiduciary is used. Although fiduciary relationships sometimes involve money, the name fiduciary does not by itself imply pecuniary (or "money-related") issues. Instead, the term "fiduciary" refers to any circumstance in which one person legitimately has faith and confidence in another and requests that person's assistance or counsel in an issue. For instance, the client-attorney relationship is a fiduciary one since the client trusts the attorney to always act in the client's best interest. If you require an adverb, use fiduciarily or fiducially. Fiduciary can also be used as a noun to refer to the individual who acts in a fiduciary position. The words all remain true to their Latin fdere, which meaning "to trust," as their root.

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Word of the Day: Fiduciary

Word of the Day

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