Fiduciary Duty

Fiduciary duty is one of the duties that corporate directors and officers have towards a corporation, as well as the duties that partners have to a partnership and trustees have to a trust.

Broadly speaking, fiduciary duties can be grouped into three categories:

Duty of Loyalty. A fiduciary must act in accordance with the interests of the beneficiary, and not his own interests.
Duty of Candor. A fiduciary must not withhold information from the beneficiary, particularly with respect to the fiduciary's dealings with the beneficiary.
Duty of Care. A fiduciary must act with some degree of care with respect to the beneficiary. This is usually formulated as a duty to take the care that an ordinarily prudent person would in similar circumstances.

A variety of other duties, and legal doctrines, are subsumed in these three duties. For example, the duty of care includes a duty of confidentiality, i.e. that the fiduciary will not disclose the beneficiary's information. The duty of loyalty includes the corporate opportunity doctrine. Fiduciary duties take into account the nature of the relationship in which they are formed, and, in some circumstances (such as in limited liability companies) may be modified by contract.

Also related is the Business Judgement Rule which provides that the decisions of a corporation's board of directors will not be second-guessed unless a decision is self-interested (a violation of the duty of loyalty) or (more rarely) the board acted in an imprudent manner (a violation of the duty of care).

Frequency of Internet Keywords: Fiduciary Duty

Modern Translations: Fiduciary Duty

Language		Translations for "fiduciary duty"; alternative meanings/domain in parentheses.
Danish		tillidsforpligtelse af leverandør af finansielle tjenesteydelser (fiduciary duty owned by a financial service supplier). (various references)

Dutch		fiduciaire verplichting van een financiële dienstverlener (fiduciary duty owned by a financial service supplier). (various references)

French		droit de garde dû par un fournisseur de services financiers (fiduciary duty owned by a financial service supplier), abus de confiance (breach of fiduciary duty). (various references)

German		treuhänderische Verpflichtung von einem Erbringer von Finanzdienstleistungen (fiduciary duty owned by a financial service supplier). (various references)

Greek		αμοιβή για υπηρεσίες θεματοφύλακα καταβαλλόμενη από τους παρέχοντες χρηματοπιστωτικές υπηρεσίες (fiduciary duty owned by a financial service supplier). (various references)

Italian		dovere di fiduciario da parte del fornitore di servizi finanziari (fiduciary duty owned by a financial service supplier). (various references)

Pig Latin		iduciaryfay utyday

Portuguese		dever fiduciário pelo prestador de serviços financeiros (fiduciary duty owned by a financial service supplier). (various references)

Spanish		obligación fiduciaria contraída por un proveedor de servicios financieros (fiduciary duty owned by a financial service supplier). (various references)
Source: compiled by the editor from various translation references.

Anagrams: Fiduciary Duty

Scrabble® Enable2K-Verified Anagrams
	Words within the letters "a-c-d-d-f-i-i-r-t-u-u-y-y"
	-4 letters: fiduciary.
	-5 letters: acridity.
Source: compiled by the editor from various references; see credits. SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro.

Alternative Orthography: Fiduciary Duty

Hexadecimal (or equivalents, 770AD-1900s) (references)

46 69 64 75 63 69 61 72 79 44 75 74 79

Leonardo da Vinci (1452-1519; backwards) (references)

Binary Code (1918-1938, probably earlier) (references)

01000110 01101001 01100100 01110101 01100011 01101001 01100001 01110010 01111001 00100000 01000100 01110101 01110100 01111001

HTML Code (1990) (references)

&#70 &#105 &#100 &#117 &#99 &#105 &#97 &#114 &#121 &#32 &#68 &#117 &#116 &#121

ISO 10646 (1991-1993) (references)

0046 0069 0064 0075 0063 0069 0061 0072 0079 0044 0075 0074 0079

Encryption (beginner's substitution cypher): (references)

Domain	Title
Books	The Philosophy of Corporate Control: A Treatise on the Law of Fiduciary Duty (reference) (more book examples)
Source: compiled by the editor from various references; see credits.

Expression	Frequency per Day
fiduciary duty	20
breach of fiduciary duty	7
fiduciary duty of director	2
Source: compiled by the editor from various references; see credits.

Fiduciary Duty

Definition: Fiduciary Duty

Fiduciary Duty

Noun

Commercial Usage: Fiduciary Duty

Books

Specialty Definition: Fiduciary duty

Frequency of Internet Keywords: Fiduciary Duty

fiduciary duty

breach of fiduciary duty

fiduciary duty of director

Modern Translations: Fiduciary Duty

Danish

Dutch

French

German

Greek

Italian

Pig Latin

Portuguese

Spanish

Anagrams: Fiduciary Duty

Scrabble® Enable2K-Verified Anagrams

Alternative Orthography: Fiduciary Duty

46 69 64 75 63 69 61 72 79 44 75 74 79

01000110 01101001 01100100 01110101 01100011 01101001 01100001 01110010 01111001 00100000 01000100 01110101 01110100 01111001

&#70 &#105 &#100 &#117 &#99 &#105 &#97 &#114 &#121 &#32 &#68 &#117 &#116 &#121

0046 0069 0064 0075 0063 0069 0061 0072 0079 0044 0075 0074 0079

407570876975678491238878691

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