Fiduciary Abuse

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Definition: Fiduciary Abuse

Fiduciary Abuse
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Full Definition of Fiduciary Abuse

A situation whereby a legally appointed individual is appointed to manage the assets of another individual and using this power in order to benefit illegally or unethically. This is often used by financial advisors or power of attorneys who borrow funds from the accounts of their clients to invest in speculative securities.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/fiduciary-abuse/
Modern Language Association (MLA):
Fiduciary Abuse. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/fiduciary-abuse/.
Chicago Manual of Style (CMS):
Fiduciary Abuse. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/fiduciary-abuse/ (accessed: April 20, 2024).
American Psychological Association (APA):
Fiduciary Abuse. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/fiduciary-abuse/

Definition Sources

Definitions for Fiduciary Abuse are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.