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a failure to act responsibly for someone who has given you something to keep safe, for example money or a company's secret information: The company initiated legal proceedings alleging industrial espionage and breach of trust. Investors are claiming losses as a result of a breach of trust by the bank.
Feb 1, 2023 · Breach of Trust. The willful misappropriation, by a trustee, of a thing which had been lawfully delivered to him in confidence. The distinction between larceny and a breach of trust is to be found chiefly in the terms or way in which the thing was taken originally into the party's possession; and the rule seems to be that whenever the article ...
If you’re a trust beneficiary who suspects the trustee of wrongdoing, you may wonder: What is a “breach of trust”? A breach of trust occurs when the trustee fails to observe their fiduciary duties under the California Probate Code or to carry out the terms of the trust instrument.
breach of trust. n. 1) any act which is in violation of the duties or 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: breach)
Breach of trust definition: a violation of duty by a trustee.. See examples of BREACH OF TRUST used in a sentence.
May 5, 2024 · Law a violation of duty by a trustee or any other person in a fiduciary position.... Click for English pronunciations, examples sentences, video.
4 days ago · Definitions of breach of trust. noun. violation (either through fraud or negligence) by a trustee of a duty that equity requires of him. see more.
