Fiduciary vs Settlor - What's the difference?
fiduciary | settlor |
(legal) Related to trusts and trustees.
Pertaining to paper money whose value depends on public confidence or securities.
* 2002 , , The Great Nation , Penguin 2003, p. 63:
(legal) One who holds a thing in trust for another; a trustee.
(theology) One who depends for salvation on faith, without works; an antinomian.
(legal) A person who settles property on express trust for the benefit of beneficiaries.
In legal|lang=en terms the difference between fiduciary and settlor
is that fiduciary is (legal) one who holds a thing in trust for another; a trustee while settlor is (legal) a person who settles property on express trust for the benefit of beneficiaries.As nouns the difference between fiduciary and settlor
is that fiduciary is (legal) one who holds a thing in trust for another; a trustee while settlor is (legal) a person who settles property on express trust for the benefit of beneficiaries.As an adjective fiduciary
is (legal) related to trusts and trustees.fiduciary
English
Adjective
(en adjective)- a fiduciary contract
- a fiduciary duty
- Indeed, currency would be more effective for not being gold and silver but fiduciary paper money.
