Today’s “Word of the Day” is fiduciary and it is an adjective meaning “relating to some type of trust, confidence, and reliance that one person places on another person; held in trust, given in confidence, trustful”.
Example Sentence: Laying emphasis on the fiduciary relationship between doctor and patient, the Court noted that a doctor’s prescription is considered as the final word on medication by the patient even if the cost of such medication is unaffordable. In a situation where such trust is reposed in doctors, having prescriptions manipulated by the lure of freebies is immoral. The Court was conscious that the cost of such freebies is factored in the cost of medicines sold, in turn driving up their prices…
This word is present in The Hindu article A ‘no’ to pharma freebies, a ‘yes’ for public good and click here to read it.
Courtesy: The Hindu
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