HyperDic: bank-depositor_relation

English > 1 sense of the expression bank-depositor relation:
NOUNrelationbank-depositor relationthe responsibility of a bank to act in the best interests of the depositors
English > bank-depositor relation: 1 sense > noun 1, relation
MeaningThe responsibility of a bank to act in the best interests of the depositors.
Categorylaw, jurisprudenceThe collection of rules imposed by authority
Broaderfiduciary relationThe legal relation that exists when one person justifiably places reliance on another whose aid or protection is sought in some matter

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