meaning of breach of trust

breach of trust meaning in Legal Dictionary

n. 1) any act that will be in breach for the responsibilities of a trustee or of terms of a trust. Such a breach need not be intentional or with malice, but can be because neglect. 2) breaking a promise or self-confidence.


breach of trust meaning in Law Dictionary

Violation (either through fraudulence or neglect) by a trustee of a duty that equity needs of him.


breach of trust meaning in Business Dictionary

Abuse of energy, or failure (if deliberate, dishonest, or negligent) to carryout the general and fiduciary obligations of a trustee. Trustees tend to be really responsible for any loss to the trust caused right or ultimately because of the breach, and must hand over (into the trust) any profit created from the breach (set up trust experienced any reduction).


breach of trust meaning in General Dictionary

infraction (either through fraud or neglect) by a trustee of a duty that equity requires of him