Fiduciary Relationship

Business, Legal & Accounting Glossary

Definition: Fiduciary Relationship




What is the dictionary definition of Fiduciary Relationship?

Dictionary Definition


n. where one person places complete confidence in another in regard to a particular transaction or one’s general affairs or business. The relationship is not necessarily formally or legally established as in a declaration of trust, but can be one of moral or personal responsibility, due to the superior knowledge and training of the fiduciary as compared to the one whose affairs the fiduciary is handling.


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https://payrollheaven.com/define/fiduciary-relationship/
Modern Language Association (MLA):
Fiduciary Relationship. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 26, 2021 https://payrollheaven.com/define/fiduciary-relationship/.
Chicago Manual of Style (CMS):
Fiduciary Relationship. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/fiduciary-relationship/ (accessed: September 26, 2021).
American Psychological Association (APA):
Fiduciary Relationship. PayrollHeaven.com. Retrieved September 26, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/fiduciary-relationship/

Definition Sources


Definitions for Fiduciary Relationship 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: 28th April, 2020 | 0 Views.