fiduciary duty

USAGE SUMMARY

The phrase "fiduciary duty" is correct and usable in written English. You can use it in contexts involving legal or ethical obligations, particularly in finance, law, or business relationships. For example, "The board members have a fiduciary duty to act in the best interests of the shareholders." Alternative expressions include "trustee obligation" and "duty of care."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

What about fiduciary duty?

The New York Times

It's a breach of fiduciary duty".

The New York Times

Now, winning has become their fiduciary duty.

The New York Times

So it is possible they breached their fiduciary duty.

The New York Times

"There's no level of fiduciary duty between investors.

The New York Times

It's self-dealing, and it's a breach of fiduciary duty".

The New York Times - Tech

It called the conduct a breach of fiduciary duty.

The New York Times

It's our fiduciary duty to look at it".

The New York Times

The suit alleges fraud, breach of fiduciary duty and negligence.

The Guardian - Film

The jury found Mr. Gundlach and three co-defendants liable for breaching their fiduciary duty to Trust Company, known as TCW, not their fiduciary duty to investors.

The New York Times

12 16 p.m. Updated / To correct reference to ABB's fiduciary duty.

The New York Times

Expert writing Tips

Best practice

In legal documents, specify the exact actions that constitute a breach of "fiduciary duty" according to relevant statutes or agreements.

Common error

Avoid assuming that all ethical obligations are automatically "fiduciary duties". A "fiduciary duty" is a specific legal standard, not just a general expectation of good behavior.

Linguistic Context

The phrase "fiduciary duty" functions as a noun phrase, typically serving as the subject or object of a sentence. It denotes a legal or ethical obligation of trust. Ludwig AI examples show it often appears in discussions of corporate governance, law, and finance, reflecting its role as a central concept in these fields.

Expression frequency: Very common

Frequent in

News & Media

49%

Formal & Business

24%

Wiki

9%

Less common in

Science

9%

Academia

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, "fiduciary duty" is a noun phrase denoting a legal or ethical obligation to act in another's best interest. Ludwig AI indicates the phrase is grammatically correct and very common, primarily appearing in news, formal business, and legal contexts. When writing about this topic, it's crucial to define to whom the "fiduciary duty" is owed and avoid confusing general ethical obligations with this specific legal standard. Alternatives like "duty of care" or "trustee obligation" may be appropriate depending on the context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Duty of loyalty

Stresses the requirement to act in the best interests of another party, without conflicts of interest.

Duty of care

Focuses on the general obligation to avoid acts or omissions that could cause harm to others.

Obligation of trust

Similar to fiduciary duty but emphasizes the element of trust placed in the responsible party.

Trustee obligation

Specifically refers to the duties of a trustee in managing assets for a beneficiary.

Ethical responsibility

Emphasizes the moral dimension of the obligation, applicable in various contexts.

Legal obligation

Highlights the legally binding nature of the duty, enforceable by law.

Responsibility to stakeholders

Broadens the scope to include all parties affected by an organization's actions.

Professional responsibility

Indicates the duties inherent in a particular profession or role.

Accountability

Focuses on being answerable for one's actions and decisions.

Stewardship

Highlights the responsible management and care of resources or assets.

FAQs

What does "fiduciary duty" mean?

A "fiduciary duty" is a legal obligation of one party to act in the best interest of another. It requires the highest standard of care and loyalty.

How to use "fiduciary duty" in a sentence?

Example: "The board members have a "fiduciary duty" to act in the best interests of the shareholders."

What are some synonyms for "fiduciary duty"?

You can use alternatives like "duty of care", "trustee obligation", or "ethical responsibility" depending on the context.

What happens if someone breaches their "fiduciary duty"?

A breach of "fiduciary duty" can result in legal action, including lawsuits for damages and other remedies to compensate the injured party.