Self-Deal
/ˌselfˈdiːlɪŋ/
Definitions
- (n.) The act of a fiduciary engaging in transactions that personally benefit themselves rather than their principal.
The trustee was accused of self-dealing by selling trust assets to himself at a discounted price.
Forms
- self-dealing
- self-deale
- self-deals
Commentary
Often forbidden or restricted in fiduciary relationships; agreements typically require disclosure or informed consent to avoid invalidation.
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.