duty

duty definition - business

duty

  1. A professional obligation. For example, a certified financial planner has a duty to exercise reasonable and prudent judgment in providing professional services.
  2. See tariff 1.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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