fiduciary

What is a Fiduciary?
Fiduciary is a legally defined term. Fiduciaries are expected to exercise a duty of care and a duty of loyalty to clients, and as a result, are “held to the highest standard of conduct.” Fiduciaries have a bond of trust with another person (called the beneficiary or principal) and have a legal obligation to act for the beneficiary’s benefit – not their own.

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in good faith
idiom
: in an honest and proper way
He bargained in good faith.
Both parties acted in good faith.

Examples of in good faith in a Sentence

In her decision to award attorneys fees to Echard, Mata said Owens' petition was not filed in good faith, nor was it grounded in fact or based on law.
—Jimmy Jenkins, The Arizona Republic, 21 June 2024
The Company expresses its expectations, beliefs and projections in good faith and believes that its expectations reflected in these forward-looking statements are based on reasonable assumptions.
—Miami Herald, 20 June 2024
Perez said his own client is telling the truth about what happened to her and that the lawsuit was filed in good faith.
—Rafael Olmeda, Sun Sentinel, 19 June 2024
There is no way around this and pretending like there is some other magical path the board could choose, as many of you have done, is simply absurd, destructive, and not in good faith.
—Krista Johnson, The Courier-Journal, 9 May 2024