Difference between revisions of "Fiduciary"
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| − | + | A '''fiduciary''' is a person or institution who manages money or property for another and who must exercise a standard care imposed by law, i.e., personal representative or executor of an estate, a [[trustee]], etc. | |
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| + | [[Category:Legal Terms]] | ||
Latest revision as of 00:38, July 8, 2009
A fiduciary is a person or institution who manages money or property for another and who must exercise a standard care imposed by law, i.e., personal representative or executor of an estate, a trustee, etc.