different between powerofattorney vs fiduciary

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fiduciary

English

Etymology

From Latin f?d?ci?rius (held in trust), from f?d?cia (trust).

Pronunciation

  • (UK) IPA(key): /f???dju????i/

Adjective

fiduciary (not comparable)

  1. (law) Relating to an entity that owes to another good faith, accountability and trust, often in the context of trusts and trustees.
    a fiduciary contract
    a fiduciary duty
  2. Pertaining to paper money whose value depends on public confidence or securities.
    • 2002, Colin Jones, The Great Nation, Penguin 2003, p. 63:
      Indeed, currency would be more effective for not being gold and silver but fiduciary paper money.

Translations

Noun

fiduciary (plural fiduciaries)

  1. (law) One who holds a thing in trust for another; a trustee.
  2. (theology) One who depends for salvation on faith, without works; an antinomian.

Translations

fiduciary From the web:

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