In layman's terms, the evening can range anywhere from four o'clock to nine. In the vernacular of at least parts of the rural Southern United States and in some British dialects, evening is used to mean afternoon, as the main meal of the day, dinner, traditionally has occurred at midday.
âº relating to the responsibility to take care of someone else's money in a suitable way: 1  a breach of fiduciary duty. 2  fiduciary duties/obligations Management and the board of directors have fiduciary obligations which require that reports be produced in a manner consistent with these obligations.
A fiduciary is defined by the Internal Revenue Service as any person in a position of. confidence acting on behalf of any other person. A fiduciary assumes the powers, rights, duties and privileges of the person or entity on whose behalf he is acting. According to Indiana Code 6-3-1-7, âfiduciaryâ means any guardian, trustee, executor, administrator, receiver, conservator, or any person, whether individual or corporate,