Fiduciary Definition in Context with Images & Synonyms

Fiduciary definition in context with images and synonyms in visual dictionary and thesaurus /fɪˈdjuː.ʃi.ə.ri/ (adj) Fiduciary definition relating to the relationship between a trustee and a beneficiary in finance relating to trust Video of fiduciary https://www.youtube.com/watch?v=2i6xrNius9Y Fiduciary in context Fiduciary money, or currency, refers to banknotes and coins in circulation in the economy. This is the liquidity available to economic actors to carry out transactions. It is a means of payment. Currency is tangible property. The first coin was minted in 650 BC by King Aliatte II. The objective then, was to avoid having to record all transactions between economic ...