fiduciary risk

Definition

The risk that may be responsible for a trustee or other fiduciary not performing their duties or achieving the best value with relation to the best of the beneficiary's interests. An example could be the fiduciary making more trades than truly necessary, which can be a source of risk to the client.
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
fiduciary relationship field