Definitions for "FIDUCIARY RELATIONSHIP"
A relationship characterized by trust and confidence giving rise to duties of good faith, loyalty, and honesty.
It is a relationship of trust in which one is legally required to act in the best interest of a beneficiary or a minor.
A relationship in which one party places a special confidence or trust in another and in which the law thereby implies upon the latter a duty to act in good faith and in the best interests of the former.