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Commingling
Summary
- Commingling, which literally means "mixing together", is a breach of trust in which a fiduciary mixes funds that he holds in the care of a client with his own funds, making it difficult to determine which funds belong to the fiduciary and which belong to the client. This raises particular concerns where the funds are invested, and gains or losses from the investments must be allocated.
Soundex: C524 Metaphone: KMNKLNK Reference |
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* This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Commingling".