fiduciary
adjective
LAW uk/fɪˈdjuːʃIəri/ us/-ˈduːʃier-/relating to the responsibilities of a person or organization that manages property or money belonging to another person or organization:
fiduciary duties/obligations Management and the board of directors have fiduciary obligations which require that reports be produced in a manner consistent with these obligations.
"They have a fiduciary responsibility to watch the dollars at Chicago State," Davis said.
This case dealt with a managing director who was clearly in a fiduciary position.
fiduciary
noun [ C ]
LAW uk/fɪˈdjuːʃIəri/ us/-ˈduːʃier-/ plural fiduciariesa person or organization who is responsible for managing money or property for another person or organization:
A court-appointed fiduciary has managed the trust for five years.