FIDUCIARY Definition

Bookmark and Share

FIDUCIARY is a person or business (for example, a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, good faith and honesty.

Learn new Accounting Terms

NON-DISCRETIONARY means it is mandatory, not up to the individual or company.

EUROCURRENCY is currency held by banks, corporations or individuals outside its country of origin: e.g. eurodollar, eurosterling, etc. The euro part of the name derives from the place where the first market in such currencies (normally dollars) arose.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.