A legal obligation of one party to act in the best interest of another. The obligated party is typically a fiduciary, that is, someone entrusted with the care of money or property. Also called fiduciary obligation.
Use 'fiduciary duty' in a Sentence
If you are forced to do something that you don't want to do just understand it is your fiduciary duty and get it over with.
The gentleman had a fiduciary duty so that provided great relief for the woman knowing she was being taken care of by a caring individual.
It can be your fiduciary duty to stand up and help out another party even if it may not be in the best interest of your company.
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