How Do You Spell FIDUCIARY?

Pronunciation: [fɪdjˈuːʃəɹi] (IPA)

The word "fiduciary" is often misspelled due to its unfamiliarity and complexity. The correct spelling is [fɪˈdjuːʃəri], with the stress on the second syllable. It is derived from the Latin word "fiducia," meaning trust, and usually refers to a person or institution entrusted with the responsibility of managing someone else's assets or investments. Some common misspellings include "fiduciary," "feduciary," and "fictuary." Keeping this IPA phonetic transcription in mind, spelling "fiduciary" correctly should be a breeze!

FIDUCIARY Meaning and Definition

1. Fiduciary is an adjective that describes a position of trust and confidence, particularly in financial matters. It refers to a person or entity that is legally and ethically bound to act in the best interest of another party, known as the principal or beneficiary. Fiduciaries are expected to exercise utmost care, loyalty, honesty, and integrity when handling the assets and affairs entrusted to them.

   In finance and investment, a fiduciary could be a financial advisor, accountant, attorney, or trustee managing assets on behalf of a client, an organization, or a trust. They have a responsibility to make decisions that align with the beneficiary's interests, ensuring they do not exploit or take advantage of their authority for personal gain. Fiduciaries are bound by a fiduciary duty, a legal and ethical obligation, to act solely for the benefit of the principal, putting their interests above their own.

   Being a fiduciary requires a level of expertise, prudence, and transparency. It involves managing investments, offering advice, making financial decisions, and executing transactions in a trustworthy manner. Fiduciaries are also expected to maintain clear communication with their clients, providing accurate, unbiased information about the performance and implications of their actions.

   The term "fiduciary" can also be used as a noun to refer to the person or entity that acts in a fiduciary capacity. It emphasizes the role's significance and emphasizes their duty to act with loyalty and diligence. The legal obligations placed on fiduciaries generally carry legal consequences for any breach of trust, underscoring the seriousness and importance of the fiduciary relationship.

2. • Unwavering; held in trust.

   • One who holds anything in trust; one who depends on faith without works.

   Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.

Top Common Misspellings for FIDUCIARY *

• fidicuary 13.3333333%
• fidiciary 13.3333333%
• fudiciary 10%
• fiducicary 10%
• fduciary 6.6666666%
• feduciary 6.6666666%
• fiducary 6.6666666%
• fuduciarry 6.6666666%
• ficuciary 6.6666666%
• fidcuciary 6.6666666%
• fidiciuary 6.6666666%
• fidutiary 6.6666666%

* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.

Other Common Misspellings for FIDUCIARY

• fiduiary
• fuduciary
• fidicuiary
• fiduyciary
• fiducuiary
• vituclary
• Caduciary
• fuduciare
• fiduciarys
• fiduciarrys

Etymology of FIDUCIARY

The word "fiduciary" has Latin roots, tracing back to the Latin word "fiducia", meaning "trust" or "confidence". The term "fiduciarius" evolved in Latin, referring to a person or thing related to a trust or confidence. The word was later borrowed into English, retaining its meaning of someone holding a position of trust or acting in a fiduciary capacity.

Plural form of FIDUCIARY is FIDUCIARIES