What's the difference between fiduciary and surcharge?

Fiduciary


Definition:

  • (n.) One who holds a thing in trust for another; a trustee.
  • (n.) One who depends for salvation on faith, without works; an Antinomian.

Example Sentences:

  • (1) As the authors rightly point out, much of the blame for the failure of directors to act is their mistaken view that maximising shareholder value is a company’s legal obligation or director’s fiduciary responsibility.
  • (2) Pension funds, which have a fiduciary duty to make money, have no business owning any of these companies.
  • (3) At the same time, around half of total institutional assets ($45trn) under management now subscribe to responsible investing principles, and climate risk management now needs to become part of investors’ fiduciary duty.
  • (4) "Our political leaders seem alarmingly content to lurch from one near-crisis to the next, and it is our hope that this new framework helps encourage policymakers to meet their fiduciary responsibilities and come up with a bipartisan plan to fix the debt," she said.
  • (5) The Fifa spokesperson Delia Fischer told the Mail & Guardian: “As our statement already says, Safa instructed Fifa that the diaspora legacy programme should be administered and implemented directly by the president of Concacaf who at that time was deputy chairman of the finance committee and who should act as the fiduciary of the diaspora legacy programme fund of $10m.
  • (6) The authors propose a rebuttable presumption that sexual contact between an attorney and client was obtained through the attorney's exercise of undue influence and was therefore a breach of the attorney's fiduciary duties to the client.
  • (7) Given this, the question then becomes under what circumstances and conditions a simple internal conflict may escalate into the problem of divided loyalties or fiduciary ambiguities.
  • (8) He says the FCA and the Bank of England should include these aspects in fiduciary responsibility.
  • (9) The sole share in the new company was issued to Stephen Jones's company, Jirehouse Fiduciaries Nominees.
  • (10) The board of directors never questioned this purchase, which Hampton termed a failure of their fiduciary responsibilities," the cable said.
  • (11) In this way, the care of the cancer patient can become a truly fiduciary responsibility.
  • (12) To suggest that there is any reason to settle prior to the adjudication of the pending criminal cases is obscene and without regard to the fiduciary responsibility owed to the taxpaying citizens of the city,” Lt Gene Ryan said in a statement.
  • (13) In January 2009 the family's lawyer, Bashir Ghazialam, filed court papers alleging "breach of trust, breach of fiduciary duty and fraud".
  • (14) Though insisting that interaction between them is two-way, not one-way, the author insisted that the relation is basically asymmetrical because of the physician's expertise in health matters, gained through training and experience, and his special fiduciary responsibility for the care of the sick.
  • (15) Shareholders give directors the power to run a company and a breach of that fiduciary duty is a reflection of a lapse in that honesty.
  • (16) Rethink what fiduciary responsibility means in this changing world.
  • (17) I have said before and I will say it again, if corporations continue to invest in new fossil fuel exploration, new fossil fuel exploitation they are really in breach of their fiduciary duty because the science is abundantly clear.
  • (18) The Article suggests that the supremacy of self-medication is consistent with competition policy, the medical profession's fiduciary duty to clients, reduced medical costs and improved health.
  • (19) Asked about the importance of a fiduciary responsibility, Simon Morris of law firm CMS Cameron McKenna said: "A fiduciary duty is about honesty.
  • (20) After discussing how physicians express this ideal in practice, Moline suggests that it is possible in almost any occupation to express the spirit of the paradigm professional by putting the good of the weaker party over one's own interest, maintaining standards of strict confidentiality regarding personal information, and treating one's working relationships with others as fiduciary.

Surcharge


Definition:

  • (v. t.) To overload; to overburden; to overmatch; to overcharge; as, to surcharge a beast or a ship; to surcharge a cannon.
  • (v. t.) To overstock; especially, to put more cattle into, as a common, than the person has a right to do, or more than the herbage will sustain. Blackstone.
  • (v. t.) To show an omission in (an account) for which credit ought to have been given.
  • (n.) An overcharge; an excessive load or burden; a load greater than can well be borne.
  • (n.) The putting, by a commoner, of more beasts on the common than he has a right to.
  • (n.) The showing an omission, as in an account, for which credit ought to have been given.

Example Sentences:

  • (1) I wrote to Uber, which stated that it adds a 2.6 surcharge on days when there is likely to be a lot of demand – it was Ladies’ Day.
  • (2) The local council is calling on food and drink shops to impose a 10p surcharge on all sugary soft beverages, with the proceeds to be put into a children’s health and food education trust.
  • (3) Not only did they sit on their hands when they knew about the extra surcharge for the UK, we now learn they also underestimated the scale of the UK’s contribution in 2013.
  • (4) Facebook or Google's YouTube are not the culture industries so much as the vulture industries, taking an information surcharge from us while we amuse each other, and selling us to advertisers.
  • (5) Energy firms would be required to impose the same surcharge for direct debit.
  • (6) Hatoyama will have to reconcile his bold initiative with election pledges to eliminate road tolls and petrol surcharges.
  • (7) If they pay the capital amount on an agreed instalment basis, that should be sufficient.” The UK’s position could be further weakened by indications that the Netherlands – which was hit with a £600m surcharge – is ready to go along with the deal.
  • (8) In miniature, Sajid Javid’s approval of touts is part of the same ideology that sees every available inch of public life exploited for profit, every transaction monetised at every possible point, from energy to entertainment, often at the expense of those least able to afford the surcharges.
  • (9) Revenue from the state surcharge would be earmarked for the states.
  • (10) France has been considering a 3% surcharge on earnings over €500,000, and Spain is considering a return to a wealth tax.
  • (11) Islington council will introduce a £96 per year diesel vehicle parking surcharge on 1 April.
  • (12) David Cameron’s refusal to pay a European budget surcharge of £1.7bn by the end of the month will incur punitive extra costs, with interest charged instantly on a rising monthly scale, the new European commission warned on Monday on its first working day in office.
  • (13) Isles such as Mykonos and Santorini would see a surcharge on hotel rooms, services and goods.
  • (14) Similarly, Sanders is running against the political establishment and calling for a fundamental restructuring of the social compact; grounded by premium-free healthcare and free public college , funded by steep tax hikes on the rich and across-the-board surcharges and fueled by what he’s calling a “political revolution”.
  • (15) Employers may use these data to reduce costs by not hiring tobacco users, adding surcharges for their health insurance, and strongly encouraging cessation.
  • (16) Financial planning for an RDF includes four analytical tasks: assessment of the potential market, estimation of the costs of an RDF, establishment of the cost-recovery objectives, definition of the role of subsidies and surcharges.
  • (17) We have had a strong start to the year with a record first quarter driven by a number of sales transactions being brought forward before the introduction of the additional stamp duty surcharge on buy-to-let properties,” Budden said.
  • (18) Judge John Stobart ordered the protesters to pay £10 compensation each to the RAF, £75 in costs and a £15 victim surcharge.
  • (19) This surcharge will also apply even if the main home you currently own is overseas.
  • (20) The penalty is in addition to fines, victim surcharges, compensation orders and prosecution costs.

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