Custodian
Term · Law · MLC-T-LAW-001450
A person or entity legally entrusted with the care, guardianship, or safekeeping of property, records, or a person, such as a minor or an incapacitated individual. This role involves a fiduciary duty to protect the assets or welfare of the person under their charge. In financial contexts, a custodian holds assets for others, such as in a trust or investment account.
| Identifier | MLC-T-LAW-001450 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001450",
"term": "Custodian",
"field": "Law",
"definition": "A person or entity legally entrusted with the care, guardianship, or safekeeping of property, records, or a person, such as a minor or an incapacitated individual. This role involves a fiduciary duty to protect the assets or welfare of the person under their charge. In financial contexts, a custodian holds assets for others, such as in a trust or investment account.",
"url": "https://mlchart.com/terminology/law/custodian/"
}
Record 1,308 of 5,441 in Law terminology (MLC-0107). Request the full dataset.