confidential adviser-advisee relation


confidential adviser-advisee relation
noun
the responsibility of a confidential adviser to act in the best interest of the advisee
Topics: ↑law, ↑jurisprudence
Hypernyms: ↑fiduciary relation

Useful english dictionary. 2012.

Look at other dictionaries:

  • fiduciary relation — noun the legal relation that exists when one person justifiably places reliance on another whose aid or protection is sought in some matter • Topics: ↑law, ↑jurisprudence • Hypernyms: ↑legal relation • Hyponyms: ↑bank depositor relation, ↑ …   Useful english dictionary

  • Fiduciary — One party, for example a corporate trust company or the trust department of a bank, holds a fiduciary relation or acts in a fiduciary capacity to another, such as one whose funds are entrusted to it for investment. In a fiduciary relation one… …   Wikipedia