An Odd Word With a Big Advantage: Defining a "Fiduciary"

Fiduciary. For a word that’s been around since 1631, it sure has done a good job of escaping understanding.

But by consulting another dictionary, one might finally understand what all the hype is about. Dictionary.com defines fiduciary this way: “a person to whom property or power is entrusted for the benefit of another.” That’s better.

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