Word of the Day – Aug. 1 – Fiduciary

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Dee Dee - Word of the Day

Dee Dee – Word of the Day

Adjective: Fiduciary (fuh-DOO-shee-air-ee)

Definition:

1. Involving a confidence or trust.

2. Held or holding in trust for another.

Sample sentence: While bank trust departments have a fiduciary duty to file claims on behalf of their clients, many are overworked and understaffed.

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