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FIDUCIARY RELATION

(noun)
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Definitions

There is 1 meaning of the phrase Fiduciary Relation.

Fiduciary Relation - as a noun

The legal relation that exists when one person justifiably places reliance on another whose aid or protection is sought in some matter

Hypernyms (Closely Related)
legal relation
Hyponyms (Broadly Related)

Example Sentences

"A fiduciary relation is created when one party agrees to act in the best interest of another party."
"The trustee and beneficiary have a fiduciary relation in a trust agreement."
"In a fiduciary relation, loyalty and trust are essential."
"A lawyer has a fiduciary relation with their clients."
"A financial advisor is entrusted with a fiduciary relation to their clients."
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