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 someone in a position to handle on or more issues on the behalf of someone else. A trustee must set aside his personal feelings and goals and act in a way that's in the best interests of his client, such as an accountant or attorney. A trustee must act in the best interests of the trust's beneficiaries.