(A) A person or party that has an obligation to act in good faith, trust, honesty and best interests of another. Examples of fiduciaries include trustees, attorneys and business advisors towards their clients, etc. (B) This term is borrowed from the civil law. The Roman laws called a fiduciary heir, the person who was instituted heir, and who was charged to deliver the … [Read more...] about FIDUCIARY
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FIERI
Lat. To he made; to be done. See IN FIERI. … [Read more...] about FIERI
FIDUCIARY CAPACITY
One who is in a position of trust on behalf of another in need, e.g. a trustee who handles money matters for the trust owned by young children. … [Read more...] about FIDUCIARY CAPACITY
FIERI FACIAS
(That you cause,to be made.) In practice. A writ of execution commanding the sheriff to levy and make the amount of a judgment from the goods and chattels of the judgment debtor. Fieri facias de bonis ecclesiasticu. When a sheriff to a common fi. fa. returns nulla bona, and that the defendant is a beneficed clerk, not having any lay fee; a plaintiff may issue a ft. fa, de bonis … [Read more...] about FIERI FACIAS
FIDUCIARY DUTY
The duty of care and loyalty and reasonable and impartial judgment owed when in a fiduciary capacity, being in a position of trust, e.g. a guardian or trustee. … [Read more...] about FIDUCIARY DUTY