Purposing
/ˈpɜːrpəsɪŋ/
Definitions
- (v.) The act of assigning a specific legal purpose or intent to an action, document, or transaction, often relevant in trust law and contract interpretation.
The purposing of the funds must comply with the terms set out in the trust agreement.
Related terms
See also
Commentary
Use this term specifically to emphasize the attribution of intent or objective in legal contexts, particularly within trusts or contracts.
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.