Loyalty
/ˈlɔɪəlti/
Definitions
- (n.) The quality or state of being faithful to a person, cause, or institution.
Employees demonstrated loyalty by supporting the company during difficult times.
- (n.) A legal duty owed by an agent to act in the best interest of the principal without conflicts.
The lawyer has a loyalty to her client that prohibits her from acting against their interests.
Related terms
See also
Commentary
In legal contexts, loyalty often implies a fiduciary obligation, requiring avoidance of conflicts and prioritization of the principal’s interests.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.