Fiduciary
/fɪˈduːʃiˌɛri/noun
Relating to a trust, especially involving a relationship of trust between a trustee and a beneficiary.
Did you know?The word 'fiduciary' originates from a Latin term for trust, and in ancient Rome, trusts often involved mysterious rituals to invoke divine approval.
Etymological Timeline
Latin
Latin
fiducia
“trust or confidence, often involving a sacred bond.”
Medieval Latin
Medieval Latin
fiduciarius
“pertaining to trust or confidence, especially in legal contexts.”
15th Century
Old French
fiduciaire
“relating to a relationship of trust, particularly in financial matters.”
17th Century
English
fiduciary
“denoting a person who holds a position of trust, especially in the management of funds.”