breach of trust

breach of trust
breach of trust see breach 1a

Merriam-Webster’s Dictionary of Law. . 1996.

breach of trust
index abuse (corrupt practice), corruption, disloyalty, embezzlement, improbity, infidelity, infraction, misappropriation

Burton's Legal Thesaurus. . 2006


breach of trust
n.
A trustee’s failure to properly perform duties required by the trust.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


breach of trust
a failure by a trustee to discharge the duties imposed on him by the terms of the trust or by the general law in relation to the trust property or the beneficiaries.

Collins dictionary of law. . 2001.


breach of trust
An act of a trustee that violates the trustee's duties or the terms of a trust. A breach of trust need not be intentional or malicious; it can be due to carelessness or negligence.
Category: Divorce & Family Law
Category: Wills, Trusts & Estates → Living Trusts & Avoiding Probate
Category: Wills, Trusts & Estates → Estates, Executors & Probate Court

Nolo’s Plain-English Law Dictionary. . 2009.

breach of trust
England, Wales
In the context of a trust, an act (or a failure to act) by a trustee, that is unauthorised, careless, or self-serving. A breach can occur in situations including when the trustee:
• Does something which is not authorised by the trust document or by trust law. For example, by distributing trust property to a beneficiary who is not entitled under the terms of the trust document, or by investing in property not permitted by their powers of investment.
• Does something (or neglects to do something) that is permitted by the trust document or by trust law, but in a negligent or careless way. For example, by investing trust funds in a highly speculative investment without proper consideration of the risks, or by failing to supervise an agent appointed to manage some part of the trust business.
• Does something in furtherance of his or her own personal interests (for example, by selling one of his or her own assets to the trust). This is often called the "self-dealing" rule.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

breach of trust
n.
   1) any act which is in violation of the duties of a trustee or of the terms of a trust. Such a breach need not be intentional or with malice, but can be due to negligence.
   2) breaking a promise or confidence.
   See also: breach

Law dictionary. . 2013.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Breach of Trust — is a Canadian alternative rock band originally from La Ronge, Saskatchewan. The band currently consists of vocalist Marty Ballentyne, guitarist Donovan Bruyere, bass guitarist Colin Cheechoo (originally guitarist for the band) and drummer William …   Wikipedia

  • breach of trust — ˌbreach of ˈtrust noun breaches of trust PLURALFORM [countable, uncountable] LAW when someone does something illegal or wrong with money that they are trusted to take care of, or when someone fails to do something that they have been trusted to… …   Financial and business terms

  • Breach of trust — Breach Breach (br[=e]ch), n. [OE. breke, breche, AS. brice, gebrice, gebrece (in comp.), fr. brecan to break; akin to Dan. br[ae]k, MHG. breche, gap, breach. See {Break}, and cf. {Brake} (the instrument), {Brack} a break] . 1. The act of breaking …   The Collaborative International Dictionary of English

  • breach of trust — n. Law a violation of duty by a person holding property in trust …   English World dictionary

  • breach of trust — noun violation (either through fraud or negligence) by a trustee of a duty that equity requires of him • Hypernyms: ↑breach of contract * * * : violation by a trustee of the terms of a trust (as by fraudulent appropriation or careless handling of …   Useful english dictionary

  • breach of trust — The contravention by a trustee of the duties imposed by a trust. If one of several trustees agrees to a breach of trust by a co trustee, this also constitutes a breach of trust …   Accounting dictionary

  • breach of trust — The contravention by a trustee of the duties imposed by a trust If one of several trustees agrees to a breach of trust by a co trustee, this also constitutes a breach of trust …   Big dictionary of business and management

  • breach of trust — betrayal of trust, breaking of someone s confidence (in you) …   English contemporary dictionary

  • breach of trust with fraudulent intent — noun larceny after trust rather than after unlawful taking • Hypernyms: ↑larceny, ↑theft, ↑thievery, ↑thieving, ↑stealing …   Useful english dictionary

  • breach of trust — 1. Law. a violation of duty by a trustee. 2. a violation of duty or responsibility. [1875 80] * * * …   Universalium

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”