constructive trust
Definition
Trust imposed by operation of law, in the interest of equity and justice. Unlike other types of trusts, constructive trusts are not based on the expressed or presumed intentions of the parties involved. They are instead employed by courts as a device, to prevent injustice where a person in a fiduciary position has gained an unfair advantage or has committed fraud.
constructive trust is in the Corporate, Commercial, & General Law subject.
constructive trust appears in the definitions of the following terms: resulting trust and express trust
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