fiduciary

Of or relating to a holding of something in trust for another: a fiduciary heir; a fiduciary contract.

Of or being a trustee or trusteeship.

Held in trust.

Of or consisting of fiat money.

Of, relating to, or being a system of marking in the field of view of an optical instrument that is used as a reference point or measuring scale.

n., pl. -ies.

One, such as an agent of a principal or a company director, that stands in a special relation of trust, confidence, or responsibility in certain obligations to others.

Person, company, or association holding assets in trust for a beneficiary. The fiduciary is charged with the responsibility of investing the money wisely for the beneficiary's benefit. Some examples of fiduciaries are executors of wills and estates, receivers in bankruptcy, trustees, and those who administer the assets of underage or incompetent beneficiaries. Most U.S. States have laws about what a fiduciary may or may not do with a beneficiary's assets. For instance, it is illegal for fiduciaries to invest or misappropriate the money for their personal gain