How to pronounce “cy pres”

Meaning

• [Noun]
• (law) In the law governing charitable trusts, the doctrine that a court may direct the funds of the trust to a best alternative, to be chosen when the original beneficiary or direction is no longer possible or practicable, e.g. because it has ceased to exist or was ambiguously named.
• (law) In the law governing class action lawsuits, the doctrine that a court may direct the residue of the monetary award to a recipient such as a charity, if funds remain once payments to the identifiable class members have been completed and other expenses paid.

Practice Nearby Words

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Similar Sounds

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