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TRUSTEE-BENEFICIARY RELATION
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
The responsibility of a trustee to act in the best interests of the beneficiary
Classified under:
Nouns denoting relations between people or things or ideas
Hypernyms ("trustee-beneficiary relation" is a kind of...):
fiduciary relation (the legal relation that exists when one person justifiably places reliance on another whose aid or protection is sought in some matter)
Domain category:
jurisprudence; law (the collection of rules imposed by authority)