LEGAL WORD
Fiduciary duty
Legal term · Corporate law
Fiduciary duty
- Type: Legal term
- Area of law: Corporate law
1 What it means
A duty to act loyally and in the best interests of another, like a director's duty to the company.
2 Use it in a sentence
The director breached his fiduciary duty by diverting a business opportunity.
3 Make it stick
Write your own sentence using Fiduciary duty about a case or topic you are studying this week, then check it against the meaning above.
4 Related words
Legal dictionary: all 366 words · Today's Word of the Day · Weekly quiz
← FederalismFirst Information Report →
Educational content only, not legal advice.