Fiduciary Relation — definition

1. fiduciary relation (Noun)

fiduciary relation (Noun) — (law) the legal relation that exists when one person justifiably places reliance on another whose aid or protection is sought in some matter.

legal relation attorney-client relation bank-depositor relation confidential adviser-advisee relation conservator-ward relation director-stockholder relation executor-heir relation lawyer-client relation partner relation receiver-creditor relation trustee-beneficiary relation