But not a single one of these texts represents fiduciary faith as the instrumental cause of justification.
Fides specialis or fiduciary faith (fiducia) is that by which a man applies to himself the righteousness of the Redeemer, firmly trusting that his sins are for Christ’s sake not imputed to him.
A director or officer of a corporation is a fiduciary, and any dealing in which a fiduciary violates his duty to the person for whom he is fiduciary is illegal, and any agreement for such a violation is an illegal contract.
Because of the fiduciary relationship, which a promoter occupies, he is not permitted to make any secret profits at the expense of the corporation.
One of the most essential duties of any fiduciary is to keep the property he holds as a fiduciary separate and distinct from his own.
A fiduciary cannot make a bargain with himself in regard to his trust property, and therefore he should not be allowed to transfer the stock to himself.
Another very important class of illegal transactions arises from breach of fiduciary duties.
Stock may be owned by a man individually, it may be owned by several persons in common, or it may be owned by several persons jointly, or it may be owned by a person in a fiduciary capacity, as trustee, executor or guardian.
It would be a breach of fiduciary duty for a corporation officer and director to bargain for any personal advantage by virtue of his official action.
It is a point well worthy of the attention of students of history, that from the time of their accession to power until the day of their downfall, the Tokugawa shoguns never resorted to the device of issuing fiduciary notes.
The abolition of the han had its grave financial problem, for it now became necessary for the central government to assume the responsibility of the fiduciary notes previously issued by the various feudal lords.
To meet this liability the government issued, in lieu of the fiduciary notes, bonds redeemable within fifty years, and for the purpose of satisfying the claims of the shizoku an envoy was sent to England to raise a sum of ten million yen.
Whatever power he hath, it is only borrowedfiduciary power, as the nation's public servant: and that which was lent him in pledge or pawn may be reclaimed, when abused by him.
Therefore what can remain, but that he must be a fiduciary servant?
That is just what Ludwig did offer--subsequently, however, backing it with a modest fiduciary bonus.
In practice, however, it is by no means uncommon to find accounts opened with a definite heading indicating the fiduciary capacity.
A deposit account, whether at call or on fixed notice, does not constitute anyfiduciary relation between the depositor and the banker, but merely a debt due from the latter to the former.
An apparent exception to this system of appropriation exists in cases where a man wrongfully pays into his own account moneys held by him in a fiduciary capacity.
Therefore she proceeded, against her better nature, in the face of prudence, with her attempt to set aside poor Sir Cradock Nowell, and obtain fiduciary possession of his property.
Finally, gold and silver are replaced by the letter of credit, the bank check, and the numerous forms of fiduciary money.
For thousands of years Egypt used ingots, not real money, but it was acquainted withfiduciary money.
The system of purely fiduciary currency, which is in process of becoming firmly established, is not yet sufficiently stable to prevent us from being thrust rudely back into the old ways whenever we exceed the limits of our resources.
The capital and surplus of these institutions are liable for their acts in fiduciary capacities, and in some states they are required to deposit with one of the state departments a fund as a special guarantee.
Produce and manufactures destined for export must be purchased by the state with fiduciary notes, and the metallic proceeds of their sales abroad must be collected and stored in the treasury.
Had the government entered the market openly as a seller of its own fiduciary notes, its credit must have suffered.
But these devices were now finally abandoned, and the government applied itself steadfastly to reducing the volume of the fiduciary currency on the one hand, and accumulating a specie reserve on the other.
Thus, living of necessity beyond its income, the government had recourse to further issues of fiduciary notes, and in proportion as the volume of the latter exceeded actual currency requirements their specie value depreciated.
Indeed, the privately endowed institutions have been recognizing more and more fully their fiduciary and public nature.
This too, however, we have corrected, by making such legacies as valid as they would be were they fiduciary bequests, lest in this point the latter should be found to have some superiority over the former.
To statutory succession the ascendant too is none the less called who emancipates a child, grandchild, or remoter descendant under a fiduciary agreement, which by our constitution is now implied in every emancipation.
It was, however, provided by imperial constitutions that legacies or fiduciary bequests left to uncertain persons and paid by mistake could not be recovered back.
Formerly it was not allowed to leave either legacies or fiduciary bequests to uncertain persons, and even soldiers, as the Emperor Hadrian decided by rescript, were unable to benefit uncertain persons in this way.
If the institution of an heir, a legacy, a fiduciary bequest, or a testamentary manumission is made to depend on an impossible condition, the condition is deemed unwritten, and the disposition absolute.
So much at present concerning the modes of acquiring rights over single things: for direct and fiduciary bequests, which are also among such modes, will find a more suitable place in a later portion of our treatise.
I understand that they feel a fiduciary responsibility to their stockholders to minimize the effects of this.
Exchange will in no way renege on its fiduciary responsibilities to the world financial communi- ty.
With an honest and courageous President in the White House we shall see whether the 'System' will be able to use the fiduciary institutions of the country for piratical purposes.
They have since been transmitted as a sacred deposit from onefiduciary executor to another.
The amount of the fiduciary issue is a matter that the Committee leaves open to be determined after experience of post-war conditions.
And whatever his shortcomings of intellect and temperament, Longobardi used to be a vice chancellor and so must have a solid background in both types of fiduciary breach.
It follows from these eloquent figures that the fiduciary circulation, notes, nickel, and copper, is guaranteed in Argentina by an actual value of 65.
It has abandoned its original function, which was confided to it by the law; namely, the redemption of the fiduciary currency and the re-establishment of the monetary equilibrium when destroyed by excessive issues of paper.
There are, however, numerous countries, notably in South America and Central America, which havefiduciary paper-money standards.
The fiduciary coinage problem presents itself under a some-what different guise in case a seigniorage charge is made on all coinage, even of that metal used as the standard unit.
The fiduciarycoinage problem may be presented also when coinage is not free, and the times and amount of coinage are determined by law or by legally authorized officials.
Its value rests on its monetary use; it is fiduciary money, not commodity money.
As it is, the government makes a seigniorage profit on the fiduciary coinage, as shown in the following table.
By fiduciary money we mean money that has not a commodity value equal to its money value, but which is generally accepted because each receiver has faith that others in turn will take it in the same way.
Fiduciary money is that on which regularly the issuer makes a seigniorage charge.
In contrast with commodity-money, these other kinds may be calledfiduciary money.
Yet undoubtedly actual redemption on demand or a good prospect of future redemption is one of the circumstances stimulating the faith and the readiness of each person in turn to receive fiduciary money.
Restitution for Careless Discharge of Fiduciary Duties, as in the Case of Physicians, Lawyers, Spiritual Advisers.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "fiduciary" in a variety of sentences. We hope that you will now be able to make sentences using this word.
