Constructive Trust
/kənˈstrʌktɪv trʌst/
Definitions
- (n.) An equitable remedy imposing a trust on property to prevent unjust enrichment, despite no express trust agreement.
The court imposed a constructive trust to prevent the defendant from profiting from fraud.
Forms
- constructive trusts
Related terms
See also
Commentary
Constructive trusts are discretionary remedies created by courts to address situations of wrongdoing or unjust enrichment, distinct from express trusts formed by parties.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.