breach — / brēch/ n 1 a: a violation in the performance of or a failure to perform an obligation created by a promise, duty, or law without excuse or justification breach of duty: a breach of a duty esp. by a fiduciary (as an agent or corporate officer)… … Law dictionary
Fiduciary — One party, for example a corporate trust company or the trust department of a bank, holds a fiduciary relation or acts in a fiduciary capacity to another, such as one whose funds are entrusted to it for investment. In a fiduciary relation one… … Wikipedia
breach — ▪ I. breach breach 1 [briːtʆ] noun 1. [countable, uncountable] LAW an action that breaks an agreement, rule, law etc: • The company wrote a letter of apology to the Israeli government, saying that any breach of the rules was unintentional. • They … Financial and business terms
Duty of care (business associations) — Companies law Company … Wikipedia
duty — A tax on imports, exports, or consumption goods. Bloomberg Financial Dictionary There are two main types of duty collected by HM Customs and Excise: one is import duty , which is duty charged on goods imported into the European Union ( EU); and… … Financial and business terms
fiduciary — [[t]fɪdu͟ːʃiəri[/t]] ADJ: usu ADJ n Fiduciary is used to talk about things which relate to a trust, or to the people who are in charge of a trust. [LEGAL] They have a case against their directors for breach of fiduciary duty … English dictionary
duty — du·ty n pl du·ties [Anglo French deuté indebtedness, obligation, from deu owing, due, from Old French see due] 1: tasks, service, or functions that arise from one s position performing a police officer s duties; also: a period of being on duty… … Law dictionary
fiduciary out — USA An exception to the no shop covenant in a merger agreement. Generally, the board of directors of a public target company is subject to a heightened duty of care in a merger transaction and is charged with obtaining the highest value… … Law dictionary
duty of care — see duty Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. duty of care … Law dictionary
Duty of confidentiality — Professional responsibility D … Wikipedia
