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Breach of trust

noun

Definitions

Noun
  1. 1
    An act, omission or concealment, by which a person who has a fiduciary duty to act in the interest of another instead uses their position for their own benefit.

    "It is the first time a train operator has been renationalised over a breach of trust."

  2. 2
    violation (either through fraud or negligence) by a trustee of a duty that equity requires of them wordnet

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