Simple definition
A heightened duty of loyalty or care arising in certain relationships.
Relationship
What Does Fiduciary Duty Mean?
A heightened duty of loyalty or care arising in certain relationships.
Example in a contract
A contract may use “fiduciary duty” when describing a heightened duty of loyalty or care arising in certain relationships.
What fiduciary duty means in a contract
In a contract, this term should be read in the context of the surrounding clause, defined terms, cross-references, and governing law.
Why it may matter
Its practical effect depends on the exact wording and how it connects to the rights and obligations elsewhere in the agreement. Review the exact language rather than relying on the label alone.
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FAQ
Questions about fiduciary duty.
What does fiduciary duty mean in plain English?+
A heightened duty of loyalty or care arising in certain relationships.
Where might fiduciary duty appear in a contract?+
In a contract, this term should be read in the context of the surrounding clause, defined terms, cross-references, and governing law.
Is this definition legal advice?+
No. ClauseInsight provides concise informational explanations. The legal effect of a term depends on the complete document, facts, and applicable law.