A fiduciary is a person or organization that has the legal duty to act in the best interests of another party, typically in financial, legal, or corporate matters. Fiduciaries must avoid conflicts of interest and act with loyalty, care, and prudence. The term emphasizes trust-based responsibilities rather than ownership of assets.
Full pronunciation guide15 of 25 videos
Equity
How to Pronounce Equity
Exogenous
How to Pronounce Exogenous
Expenditure
How to Pronounce Expenditure
Fiat
How to Pronounce Fiat
Fiduciary
How to Pronounce Fiduciary
Globalization
How to Pronounce Globalization
Incentive
How to Pronounce Incentive
Inflation
How to Pronounce Inflation
Infrastructure
How to Pronounce Infrastructure
Intermediary
How to Pronounce Intermediary