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Fiduciary
Practical Law UK Glossary 3-107-5743 (Approx. 4 pages)
Glossary
Fiduciary
Someone who has undertaken to act for, or on behalf of, another in circumstances which give rise to an obligation of trust and confidence (Bristol & West Building Society v Mothew (t/a Stapley & Co) [1998] Ch. 1).
The distinguishing obligation of a fiduciary is the obligation of loyalty. See also Fiduciary duties.
For more information, see Practice note, Fiduciary duties: The fiduciary relationship.