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fiduciary duty

/fəˈduʃiˌɛri ˈduti/ /fɪdˈjuːʃəri dˈjuːti/
noun
GeneralLaw
  1. 1 güven yükümlülüğü, sadakat ve özen yükümlülüğü countable

Definition (English)

A legal obligation to act solely in another party's best interest, especially in financial or property matters.

Example Sentences

  1. Directors have a fiduciary duty to shareholders.
    Yöneticilerin hissedarlara karşı sadakat ve özen yükümlülüğü vardır.
  2. The adviser breached his fiduciary duty by putting his own interests first.
    Danışman kendi çıkarlarını ön plana koyarak güven yükümlülüğünü ihlal etti.