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legal education and practice

self-dealing

Self-dealing is when a person with a fiduciary duty to a company takes action to gain personal benefit, instead of for the benefit of the company. For people who may not have a direct fiduciary duty, it also refers to a person who buys or sells stocks before relevant information comes to the public, with the help of insiders of any applicable field.

self-executing

Self-executing broadly refers to a provision that goes into effect or can be enforced after being created without anything else required. Often self-executing refers to a clause of a contract or law that makes the document effective after the document is signed or other requirement. Self-executing is to be contrasted with documents, legislation, or rights that require other steps in order to be enforced. 

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