fiduciary capacity
简明释义
受托人身份
英英释义
例句
1.As a trustee, she operates in a fiduciary capacity 受托人身份 to manage the assets for the beneficiaries.
作为一名受托人,她以fiduciary capacity 受托人身份的身份管理资产以惠及受益人。
2.In his fiduciary capacity 受托人身份, he was required to act in the best interest of the shareholders.
在他的fiduciary capacity 受托人身份中,他被要求以股东的最佳利益行事。
3.The financial advisor must always prioritize his clients' needs in his fiduciary capacity 受托人身份.
财务顾问在其fiduciary capacity 受托人身份中,必须始终优先考虑客户的需求。
4.She is obligated to disclose any conflicts of interest while serving in a fiduciary capacity 受托人身份.
在担任fiduciary capacity 受托人身份期间,她有义务披露任何利益冲突。
5.The lawyer acted in a fiduciary capacity 受托人身份 when handling her client's estate.
律师在处理客户遗产时以fiduciary capacity 受托人身份行事。
作文
In the world of finance and law, the term fiduciary capacity refers to a relationship in which one party has an obligation to act in the best interest of another. This concept is crucial in various fields, including investment management, estate planning, and corporate governance. Understanding the implications of fiduciary capacity can help individuals navigate their financial decisions and relationships more effectively.A fiduciary is typically someone who holds a position of trust and responsibility, such as a trustee, lawyer, or financial advisor. When a person operates in a fiduciary capacity, they are legally and ethically bound to prioritize the interests of their clients or beneficiaries above their own. This means that any decision made must consider the well-being and financial health of the other party.For example, consider a financial advisor working with a client to manage their investment portfolio. In this scenario, the advisor is acting in a fiduciary capacity. They must provide sound advice that aligns with the client's goals, risk tolerance, and overall financial situation. If the advisor were to make investment decisions based solely on personal gain, they would be violating their fiduciary duty, potentially leading to legal consequences and loss of trust.The importance of fiduciary capacity extends beyond individual relationships; it also plays a significant role in corporate governance. Corporate directors and officers have a fiduciary duty to act in the best interests of the shareholders. This includes making decisions that enhance shareholder value and avoiding conflicts of interest. If a director fails to uphold their fiduciary responsibilities, they may face lawsuits from shareholders or regulatory penalties.Moreover, understanding fiduciary capacity is essential for individuals when selecting professionals to manage their finances or legal matters. Clients should always inquire whether the person they are working with is acting as a fiduciary. This can provide peace of mind, knowing that their interests will be prioritized. Many financial advisors are now required to disclose their fiduciary status, allowing clients to make informed choices regarding whom to trust with their finances.In conclusion, the concept of fiduciary capacity is foundational in ensuring that individuals and entities act in the best interests of others. It establishes a framework of trust and accountability that is vital for effective financial management and ethical business practices. By understanding this term and its implications, individuals can better navigate their relationships with professionals and ensure that their interests are safeguarded. As we continue to engage in complex financial systems, the significance of fiduciary capacity will only grow, reinforcing the need for transparency and integrity in all dealings.
在金融和法律的世界中,术语fiduciary capacity指的是一种关系,其中一方有义务以另一方的最佳利益为重。这一概念在投资管理、遗产规划和公司治理等多个领域至关重要。理解fiduciary capacity的含义可以帮助个人更有效地处理他们的财务决策和关系。受托人通常是指那些承担信任和责任位置的人,例如受托人、律师或财务顾问。当一个人以fiduciary capacity行事时,他们在法律和道德上有义务将客户或受益人的利益置于自己的利益之上。这意味着所做的任何决定都必须考虑到另一方的福祉和财务健康。例如,考虑一位财务顾问与客户合作管理其投资组合。在这种情况下,顾问以fiduciary capacity行事。他们必须提供符合客户目标、风险承受能力和整体财务状况的合理建议。如果顾问仅根据个人利益做出投资决策,他们就会违反自己的受托责任,可能导致法律后果和信任的丧失。fiduciary capacity的重要性不仅限于个人关系;它在公司治理中也起着重要作用。公司董事和高管对股东有受托责任。这包括做出能够提升股东价值的决策,并避免利益冲突。如果董事未能履行其受托责任,可能面临股东的诉讼或监管处罚。此外,理解fiduciary capacity对于个人选择专业人士来管理他们的财务或法律事务至关重要。客户应始终询问他们所合作的人是否以受托人的身份行事。这可以提供安心,因为知道他们的利益将被优先考虑。许多财务顾问现在被要求披露他们的受托身份,从而使客户能够在选择可信赖的财务管理者时做出明智的选择。总之,fiduciary capacity的概念是确保个人和实体以他人最佳利益行事的基础。它建立了信任和责任的框架,这对于有效的财务管理和道德商业实践至关重要。通过理解这个术语及其含义,个人可以更好地处理与专业人士的关系,并确保他们的利益得到保障。随着我们继续参与复杂的金融体系,fiduciary capacity的重要性将只会增加,进一步强调了在所有交易中透明度和诚信的必要性。