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efffi·du·ci·ar·y
noun,plural-ar·ies, adjective

-noun Law. a person to whom property or power is entrusted for the benefit of another.

-adjective 1. Law. of or pertaining to the relation between a fiduciary and his or her principal: a fiduciary capacity; a fiduciary duty.

2. of, based on, or in the nature of trust and confidence, as in public affairs: a fiduciary obligation of government employees.


3. depending on public confidence for value or currency, as fiat money.

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