Evening in its primary meaning is the period of the day between afternoon and night. Though the term is subjective, evening is typically understood to begin a few hours before sunset, when temperatures begin to fall, and lasts until just after nightfall, when complete darkness has been reached.
Breach of Fiduciary Duty Law and Legal Definition. A fiduciary duty is an obligation to act in the best interest of another party. For instance, a corporation's board member has a fiduciary duty to the shareholders, a trustee has a fiduciary duty to the trust's beneficiaries, and an attorney has a fiduciary duty to a client.
DEFINITION of 'Duty Of Care'. One of the two primary fiduciary duties required to be discharged by directors of a company. The duty of care requires directors to make business decisions after taking all available information into account, and then act in a judicious manner that promotes the company's best interests.Directors are required to exercise the utmost care in making business decisions in order to fulfill their fiduciary duty.he duty of care requires directors to make business decisions after taking all available information into account, and then act in a judicious manner that promotes the company's best interests. Directors are required to exercise the utmost care in making business decisions in order to fulfill their fiduciary duty.