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Transitive verb. 1 : to blend thoroughly into a harmonious whole 2026 that fine and funny book, in which horror and laughter are commingled 2026 William Styron. 2 : to combine (funds or properties) into a common fund or stock Proceeds from the sale have been commingled with other funds.
Commingling Agreement means an agreement between two (2) or more Initiators of Deposit allowing some or all beverage containers for which they have initiated deposits to be commingled by Dealers and Redemption Centers.
Commingling of funds or assets is legally a breach of trust that makes it hard to determine which funds and/or assets belong to the company and which are personal. Commingling can open a person up to civil liabilities, and in cases of alleged fraud or embezzlement criminal charges.
Commingling real estate is when money pooled from multiple investors is mixed, or commingled, with personal funds or the money of others.
Transitive verb. : to combine (funds or properties) into a common fund or stock. intransitive verb. : to become commingled.
Commingling is when a legal professional mingles their own funds with their beneficiary's, client's, ward's or employer's funds. Under the Rules of Professional Conduct, it is illegal to do this and subject to disciplinary action. Mishandling a client's funds is a serious problem for an attorney.
The easiest way to avoid commingling funds is to set up a dedicated business checking and savings account. If you need credit, apply for a credit card issued to the company. You'll know that all income and expenses on the account statements will be related to the business, making them easy to track.