What does Fiduciary Duty mean?
A legal obligation of one party to act in the best interest of another party.
Board members have a fiduciary duty to act in the best interests of the corporation and its shareholders.
Fiduciary Duty in German, French, Spanish and Italian
GermanTreuepflicht
Gesetzliche Verpflichtung, fremde Interessen wahrzunehmen.
FrenchDevoir de fiducie
also Obligation de loyauté
Obligation d'agir avec loyauté et intégrité envers autrui.
SpanishDeber fiduciario
Responsabilidad legal de actuar en beneficio del cliente o socio.
ItalianDovere fiduciario
also Obbligo fiduciario
Obbligo di agire con la massima correttezza verso il mandante.
Common phrases with Fiduciary Duty
- act in best interests fiduciary duty
- board members fiduciary duty
- shareholders fiduciary duty
Synonyms and opposites for Fiduciary Duty
- Synonym Duty of loyalty
- Synonym Trustee obligation