Fiduciary duty: Difference between revisions
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imported>Doug Williamson (Reworded so that the fiduciary duty is defined first and then the fiduciary's role.) |
imported>Doug Williamson (Add link.) |
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A fiduciary is a person who occupies a position of trust in relation to someone else and is required to act for the latter's benefit within the scope of that relationship. | A fiduciary is a person who occupies a position of trust in relation to someone else and is required to act for the latter's benefit within the scope of that relationship. | ||
Examples include trustees and company directors. | |||
== See also == | == See also == | ||
* [[Accountability]] | |||
* [[Accounting records]] | |||
* [[Audit trail]] | |||
* [[Board of directors]] | * [[Board of directors]] | ||
* [[Bona fide]] | * [[Bona fide]] | ||
* [[Director]] | |||
* [[Fiduciary ]] | |||
* [[Fiduciary services]] | |||
* [[Proxy]] | |||
* [[Stewardship]] | * [[Stewardship]] | ||
* [[Trustees]] | * [[Trustees]] | ||
* [[Variance analysis]] | |||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
Latest revision as of 21:08, 11 September 2022
Law.
A fiduciary duty is a legal duty to act solely in another party's interests.
A fiduciary is a person who occupies a position of trust in relation to someone else and is required to act for the latter's benefit within the scope of that relationship.
Examples include trustees and company directors.
