MLchartDataset catalogue

Fiduciary

Term · Law · MLC-T-LAW-002106

An individual or entity entrusted with the power to act on behalf of another, placing the other's interests above their own. This relationship requires the fiduciary to exercise the utmost good faith, loyalty, and care in managing the affairs or assets of the beneficiary. Examples include trustees, executors, and corporate directors.

Table 1. Record
IdentifierMLC-T-LAW-002106
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002106",
  "term": "Fiduciary",
  "field": "Law",
  "definition": "An individual or entity entrusted with the power to act on behalf of another, placing the other's interests above their own. This relationship requires the fiduciary to exercise the utmost good faith, loyalty, and care in managing the affairs or assets of the beneficiary. Examples include trustees, executors, and corporate directors.",
  "url": "https://mlchart.com/terminology/law/fiduciary/"
}

Record 2,012 of 5,445 in Law terminology (MLC-0107). Request the full dataset.