gemachtigde — meaning in English
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English meaning
- fiduciary noun A person or organisation legally required to manage money or property in someone else's best interests rather than their own, such as a trustee, executor or certain financial advisers.
Senses
gemachtigde is used for these senses in English:
- attorney-in-fact (US, legal) An agent of the person giving him/her the power of attorney (for a specific purpose or for general purposes) to act on his or her behalf. The attorney-in-fact’s power and responsibilities depend on the specific powers granted in the power of attorney document.
- fiduciary (legal) One who holds a thing in trust for another.
fiduciary — full definition
- noun A person or organisation legally required to manage money or property in someone else's best interests rather than their own, such as a trustee, executor or certain financial advisers.
- adjective Relating to the legal duty of trust and loyalty owed by someone who acts on another person's behalf.