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Fiduciary.

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cupid04 | 17:48 Tue 06th Jan 2015 | Quizzes & Puzzles
6 Answers
Fiduciary...the 9 letter word answer in todays Daily Mail word wheel. Be honest, have you ever heard of the word? It's a new one on me!
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Avatar Image BlackadderV
Not to any lawyer it isn't.
17:50 Tue 06th Jan 2015
Avatar Image cupid04
Question Author
Are you a lawyer?
17:52 Tue 06th Jan 2015
Avatar Image boxtops
Yes, I have, and No, I'm not a lawyer - but I have worked in insurance and it crops up in policy documents.
17:53 Tue 06th Jan 2015
Avatar Image BlackadderV
Academic, non-practising. It means much the same as trustee.
17:54 Tue 06th Jan 2015
Avatar Image boxtops
Quote:

A fiduciary duty is a legal duty to act solely in another party's interests. Parties owing this duty are called fiduciaries. The individuals to whom they owe a duty are called principals
17:56 Tue 06th Jan 2015
Avatar Image cupid04
Question Author
Well I've learnt a new word...not an easy one for me to remember though.
17:57 Tue 06th Jan 2015

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Fiduciary.

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