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Discover LudwigThe word 'fiduciary' is correct and usable in written English.
It is typically used to refer to a person or organization in a position of trust responsible for managing money or assets on behalf of another person or organization. For example, "My lawyer is my fiduciary and handles all of my financial affairs."
Dictionary
fiduciary
adjective
Related to trusts and trustees.
synonyms
Exact(60)
Some 90% of pledged aid failed to materialise, in part because aid pledges are often used to finance aid agencies' own studies and programmes, or because those agencies are unable to find Haitian partners offering necessary fiduciary safeguards.
It also said: "SAFA instructed Fifa that the Diaspora Legacy Programme should be administered and implemented directly by the President of Concacaf who at that time was Deputy Chairman of the Finance Committee and who should act as the fiduciary of the Diaspora Legacy Programme Fund of USD 10m".
For most large corporations – especially publicly traded firms with a fiduciary duty to their shareholders – anything that smacks of smaller returns on investment makes for a difficult sell.
How does a company balance its fiduciary responsibility to investors and shareholders to make as much money as possible, with its social responsibility to its employees?
It is the contention of the administrator that Mr Nadir is liable to repay the sums concerned as a result of his fraud and/or breach of fiduciary duty and/or malfeasance as a director".
Tony Crook, chair of Shelter, and on the board of other not for profits, said that some of these boards were using meetings via telecon to deal with fiduciary and routine matters, enabling the board to focus on strategic matters when they met around the table.
In addition, SAFA requests that the Diaspora Legacy Programme be administered and implemented directly by the President of Concacaf who shall act as a fiduciary of the Fund".
In a statement, the South Carolina Republican trashed this partial disclosure as a handful of "self-selected emails" that was "reviewed and released" by lawyers who owe a "fiduciary responsibility to Secretary Clinton".
Mr Reed said the new board recognised that "serious damage has been inflicted on the exchange by unreasonable compensation of the previous chairman and CEO, and by failures of governance and fiduciary responsibility".
Some of those buyers must have violated their fiduciary responsibilities by, at the very least, failing to do due diligence.
But if METI's plan succeeds, expect much of corporate Japan to try to ignore the fiduciary bits, swallow the poison pill and drift back into a pleasant slumber.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com