What does constructive trust mean?
Definitions for constructive trust
con·struc·tive trust
This dictionary definitions page includes all the possible meanings, example usage and translations of the word constructive trust.
Princeton's WordNet
constructive trust, involuntary trustnoun
a trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights
Wiktionary
constructive trustnoun
A trust created by operation of law where one party takes physical possession of property, but is legally required to use that property for the benefit of another party, in the absence of a written agreement.
Wikipedia
Constructive trust
A constructive trust is an equitable remedy imposed by a court to benefit a party that has been wrongfully deprived of its rights due to either a person obtaining or holding a legal property right which they should not possess due to unjust enrichment or interference, or due to a breach of fiduciary duty, which is intercausative with unjust enrichment and/or property interference. It is a type of implied trust, i.e., it is created by conduct, not explicitly by a settlor.
ChatGPT
constructive trust
A constructive trust is a legal concept created by the courts against a person who has obtained property unfairly or through wrongful means. It is intended to prevent unjust enrichment by imposing a duty upon the wrongful possessor to return the property to its rightful owner. This trust is not an actual trust, but a legal remedy imposed by the courts in response to particular forms of wrongful conduct.
Wikidata
Constructive trust
A constructive trust is an equitable remedy resembling a trust imposed by a court to benefit a party that has been wrongfully deprived of its rights due to either a person obtaining or holding legal right to property which they should not possess due to unjust enrichment or interference.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of constructive trust in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of constructive trust in Pythagorean Numerology is: 6
Translations for constructive trust
From our Multilingual Translation Dictionary
- конструктивное довериеRussian
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"constructive trust." Definitions.net. STANDS4 LLC, 2024. Web. 21 Dec. 2024. <https://www.definitions.net/definition/constructive+trust>.
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