Segregation
/ˌsɛɡrəˈɡeɪʃən/
Definitions
- (n.) The act or practice of separating people or groups, especially by race, class, or ethnicity, often enforced by law or social custom.
The court ruled that school segregation violated the Equal Protection Clause.
- (n.) The division of assets or liabilities in legal or financial contexts, such as in bankruptcy or trust law.
The segregation of client funds from the firm's accounts is required by law.
Related terms
See also
Commentary
When drafting, clarify the context since 'segregation' can refer to both social/legal separation and financial/legal asset separation.
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.