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meaning:
Holding or investing of property or assets that have been entrusted to an individual or organisation for a beneficiary.
A fiduciary duty is a legal duty to act solely in another party’s interests. Parties owing this duty are called fiduciaries. The individuals to whom they owe are called principals.Fiduciaries may not profit from their relationship with their principals unless they have the principals’ express informed consent.
A fiduciary duty is a legal dutyto act solely in another party’s interests. Parties owing this dutyare called fiduciaries. The individuals to whom they owe a duty are called principals. Fiduciaries may not profit from their relationship with their principals unless they have the principals’ express informed consent.
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