fiduciary fiduciary  /fə ˈdu ʃi ˌɛ ri/

Definition(s):

  1. (n) a person who holds assets in trust for a beneficiary
  2. (adj) relating to or of the nature of a legal trust (i.e. the holding of something in trust for another)

Usage(s):

  1. Corporate law recognizes claims for breach of fiduciary duty, gross negligence, waste of corporate assets, or abuse of control to recover excessive compensation.
  2. Treasury has a fiduciary duty to the American taxpayer, not the banks.
  3. In short, he exploited the advantages of the fiduciary account ploy without obeying its restrictions.

News

  1. SHAREHOLDER ALERT: Levi & Korsinsky Announces Investigation into Possible Breaches of Fiduciary Duty by Board of Belo ...

    Levi & Korsinsky is investigating the Board of Directors of Belo Corp. for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Gannett Co., Inc.
    on June 13, 2013     Source: Business Wire via Yahoo! Finance

  2. The Abernathy Group II Family Office Reveals the #1 Secret of the Affluent: Working with a Fiduciary

    Emphasizing fiduciary duty over suitability is a must, says The Abernathy Group II Family Office . (PRWeb June 12, 2013) Read the full story at http://www.prweb.com/releases/2013/6/prweb10824350.htm
    on June 12, 2013     Source: PRWeb

  3. STELLARONE CORPORATION SHAREHOLDER ALERT: Levi & Korsinsky Announces Investigation into Possible Breaches of Fiduciary ...

    Levi & Korsinsky is investigating the Board of Directors of StellarOne Corporation for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Union First Market Bankshares Corp.
    on June 12, 2013     Source: Business Wire via Yahoo! Finance

Wiki Images for fiduciary

definition of fiduciary

Quotes

  1. "If and when elected, I strongly believe that in very short order the new board would, subject to its fiduciary duties, be presenting to shareholders either a purchase offer for the whole company or a very attractive offer to purchase 'Search' with...
    on Jul 7, 2008 By: Carl Icahn Source: Sydney Morning Herald

  2. "For defined-contribution plans, however, fiduciary misconduct need not threaten the entire plan's solvency to reduce benefits below the amount that participants would otherwise receive," Stevens wrote.
    on Feb 20, 2008 By: John Paul Stevens Source: MarketWatch

  3. "By proposing this I do not suggest that any of the six trustees have not acted in good faith and in accordance with their fiduciary duty," Upshaw wrote in prepared testimony to the Senate Committee on Commerce, Science and Transportation....
    on Sep 17, 2007 By: Gene Upshaw Source: Washington Post

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