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Financial vs Fiduciary - What's the difference?

financial | fiduciary |

As adjectives the difference between financial and fiduciary

is that financial is related to finances while fiduciary is (legal) related to trusts and trustees.

As a noun fiduciary is

(legal) one who holds a thing in trust for another; a trustee.

financial

English

Adjective

(-)
  • Related to finances.
  • *{{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=70, magazine=(The Economist)
    • , title= Engineers of a different kind , passage=Private-equity nabobs bristle at being dubbed mere financiers.
  • Having dues and fees paid up to date for a club or society.

    • Usage notes

    Not to be confused with (fiscal), which means more narrowly “pertaining to a treasury, particularly to government spending and revenue”, rather than to money generally.

    Derived terms

    * financial market * financial year * financial regulation

    Related terms

    * finances * financier

    See also

    * fiscal

    fiduciary

    English

    Adjective

    (en adjective)
  • (legal) Related to trusts and trustees.
    • a fiduciary contract
    a fiduciary duty
  • Pertaining to paper money whose value depends on public confidence or securities.
  • * 2002 , , The Great Nation , Penguin 2003, p. 63:
    • Indeed, currency would be more effective for not being gold and silver but fiduciary paper money.

    Noun

    (fiduciaries)
  • (legal) One who holds a thing in trust for another; a trustee.
  • (theology) One who depends for salvation on faith, without works; an antinomian.