cy pres (English, noun)
expansion: cy pres (uncountable)
Senses:
topics: law
glosses: 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.
tags: uncountable
topics: law
glosses: 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.
tags: uncountable
Forms:
form: cy-pres
tags: alternative
form: cy près
tags: alternative
form: cy-près
tags: alternative