Fiduciary:
of, based on, or in the nature of trust and confidence, as in public affairs
Sample Sentences:
- Personal fiduciary services are often referred to as private wealth management, private client services, or private banking.
- She didn't touch the fiduciary fund from her father's estate.
- Goldman's report concludes that it should disclose conflicts of interest when it acts as an adviser or fiduciary to its clients.
Usage:
Paragraph:
Fiduciary is just a fancy word for a business like trust. The word is mostly associated with those in the business world, and those making business investments and deals. I think trust is important to anything, business related or not. It allows you to feel comfortable and put your faith in other people. It does have its draw backs; disappointments, failures..But it allows us to grow and learn who not to trust with certain things.
Visual Representation:
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