fiduciary agent

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• fiduciary — fi·du·cia·ry 1 /fə dü shə rē, dyü , shē ˌer ē/ n pl ries: one often in a position of authority who obligates himself or herself to act on behalf of another (as in managing money or property) and assumes a duty to act in good faith and with care,… …   Law dictionary

• agent — n 1: someone or something that acts or exerts power: a moving force in achieving some result 2: a person guided or instigated by another in some action where the heads of departments are the political...agent s of the executive, merely to execute …   Law dictionary

• fiduciary shield doctrine — n: a doctrine barring a state from exercising personal jurisdiction over a nonresident defendant as an individual if the acts for which the defendant is being sued were performed in his or her capacity as a corporate agent or employee Merriam… …   Law dictionary

• Fiduciary — One party, for example a corporate trust company or the trust department of a bank, holds a fiduciary relation or acts in a fiduciary capacity to another, such as one whose funds are entrusted to it for investment. In a fiduciary relation one… …   Wikipedia

• fiduciary — /fad(y)uwsh(iy)ary/ The term is derived from the Roman law, and means (as a noun) a person holding the character of a trustee, or a character analogous to that of a trustee, in respect to the trust and confidence involved in it and the scrupulous …   Black's law dictionary

• fiduciary — /fad(y)uwsh(iy)ary/ The term is derived from the Roman law, and means (as a noun) a person holding the character of a trustee, or a character analogous to that of a trustee, in respect to the trust and confidence involved in it and the scrupulous …   Black's law dictionary

• Fiduciary Fraud — Illegal practices committed by financial institutions and financial professionals that constitute a breach of trust between the financial agent and the client. Fiduciaries are legally (and ethically) obligated to act in a way that benefits the… …   Investment dictionary

• Fiduciary Risk — A type of risk that accounts for the possibility of a trustee/agent who is not optimally performing in the beneficiary s best interests. This does not necessarily mean that the trustee is using the beneficiary s resources for his/her own benefit; …   Investment dictionary

• Agent (law) — For other uses of the word Agent, see Agent (disambiguation). This is correctAn Agent in Commercial Law is a person who is authorised to act on behalf of another (called the Principal) to create a legal relationship with a Third Party. Section… …   Wikipedia

• agent —    A person who, by mutual consent, is authorized to act for the benefit of and under the direction of another person when dealing with third parties. The person who appoints the agent is the principal. The agent is in a fiduciary relationship… …   Business law dictionary

• fiduciary relation — Often, but perhaps somewhat loosely, considered as the equivalent of confidential relation. There is a technical distinction between a fiduciary relation and a confidential relation, the former being more correctly applicable to legal… …   Ballentine's law dictionary