释义 |
fiduciary [from Latin: fiducia, trust] 1. n. A person, such as a trustee, who holds a position of trust or confidence with respect to someone else and who is therefore obliged to act solely for that person’s benefit. The nature of fiduciary obligations was discussed at length by Millett LJ in Bristol & West Building Society v Mothew [1996] EWCA Civ 533 and Armitage v Nurse [1997] EWCA Civ 1279. 2. adj. In a position of trust or confidence. Fiduciary relationships include those between trustees and their beneficiaries, company promoters and directors and their shareholders, solicitors and their clients, and guardians and their wards. |