fiduciary
/fəˈduʃiˌɛɹi/
A person legally obligated to act in another's best interest
fiduciary in a sentence
“As a fiduciary, the trustee must prioritize the beneficiaries' interests.”
Origin of fiduciary
From Latin fiduciarius (held in trust), from fiducia (trust), from fidere (to trust)
Related Words
arbitration
Resolution of a dispute by an impartial third party
indemnity
Security against legal liability for one's actions
estoppel
A legal principle preventing someone from arguing something contrary to a previous claim
malfeasance
Wrongdoing or misconduct, especially by a public official
prima facie
Based on first impression; accepted as correct until proven otherwise
quid pro quo
Something given in exchange for something else