Purpose
Type: noun
Pronunciation: /pur-pus/
Also spelled or known as: Intended Purpose
Plural: Purposes
Related: Contract
What does Purpose mean? The stated objective, intended use, or reason for entering into an agreement, creating a work, or undertaking a business activity.
Purpose clauses help define the scope and interpretation of contractual obligations.
Purpose synonyms: Intended Purpose, Objective, Intended Use
Example sentence: “The agreement clearly stated the purpose of the license.”
PRE-ORDER RECORDING BUSINESS DICTIONARY
