cy pres
Meanings
noun
- 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.
- 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.
Pronunciation
Word forms
Etymology
From Anglo-Norman cy pres (“as close”) (i.e. as close as possible), equivalent to Modern French si près or aussi près.
Translations
This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.