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luottamukseen perustuva — meaning in English

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English meaning

  • fiduciary noun A person or organization 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

luottamukseen perustuva is used for these senses in English:

  • fiduciary (legal) Relating to an entity that owes to another good faith, accountability and trust, often in the context of trusts and trustees.

fiduciary — full definition

  1. noun A person or organization 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.
  2. adjective Relating to the legal duty of trust and loyalty owed by someone who acts on another person's behalf.
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