fiduciary
    adj 1: relating to or of the nature of a legal trust (i.e. the
           holding of something in trust for another); "a fiduciary
           contract"; "in a fiduciary capacity"; "fiducial power"
           [syn: fiduciary, fiducial]
    n 1: a person who holds assets in trust for a beneficiary; "it
         is illegal for a fiduciary to misappropriate money for
         personal gain"

Fiduciary \Fi*du"ci*a*ry\ (? or ?), a. [L. fiduciarus, fr.
   fiducia: cf. F. fiduciaire. See Fiducial.]
   1. Involving confidence or trust; confident; undoubting;
      faithful; firm; as, in a fiduciary capacity. "Fiduciary
      obedience." --Howell.
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   2. Holding, held, or founded, in trust. --Spelman.
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Fiduciary \Fi*du"ci*a*ry\, n.
   1. One who holds a thing in trust for another; a trustee.
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            Instrumental to the conveying God's blessing upon
            those whose fiduciaries they are.     --Jer. Taylor.
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   2. (Theol.) One who depends for salvation on faith, without
      works; an Antinomian. --Hammond.
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FIDUCIARY. 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 succession to a person designated by the testament. Merl. 
Repert. h.t. But Pothier, Pand. vol. 22, h.t., says that fiduciarius heres 
properly signifies the person to whom a testator has sold his inheritance, 
under the condition that he should sell it to another. Fiduciary may be 
defined to be, in trust, in confidence. 
     2. A fiduciary contract is defined to be, an agreement by which a 
person delivers a thing to another, on the condition that he will restore it 
to him. The following formula was employed:' Ut inter bonos agere opportet, 
ne propter te fidemque tuam frauder. Cicer. de Offc. lib. 3, cap. 13; Lec. 
du Dr. Civ. Rom. Sec. 237, 238. See 2 How. S. C. Rep. 202, 208; 6 Watts & 
Serg. 18; 7 Watts, 415.