Pecuniary vs Fiduciary - What's the difference?
pecuniary | fiduciary |
Of, or relating to, money; monetary, financial.
*1858 , (Anthony Trollope), (Doctor Thorne) , Chapter IV:
*:Perhaps the reader will suppose after this that the doctor had some pecuniary interest of his own in arranging the squire's loans; or, at any rate, he will think that the squire must have thought so.
*1946 , (Bertrand Russell), History of Western Philosophy , I.21:
*:The views of philosophers, with few exceptions, have coincided with the pecuniary interests of their class.
(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.
As adjectives the difference between pecuniary and fiduciary
is that pecuniary is of, or relating to, money; monetary, financial while fiduciary is related to trusts and trustees.As a noun fiduciary is
one who holds a thing in trust for another; a trustee.pecuniary
English
Adjective
(-)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.