CY PRES
(noun)Did you mean?
Definitions
There is 1 meaning of the phrase
Cy Pres.
Cy Pres - as a noun
A rule that when literal compliance is impossible the intention of a donor or testator should be carried out as nearly as possible
Synonyms (Exact Relations)
cy pres doctrinerule of cy presExample Sentences
"The court applied the doctrine of cy pres to distribute the remaining funds of the class action settlement."
"A cy pres award was given to a charity when the intended beneficiaries could not be located."
"The foundation used the cy pres doctrine to redirect the trust funds to a similar charitable purpose."
"The judge decided to distribute the unclaimed funds among a group of cy pres beneficiaries."
"In a cy pres settlement, the court authorized the funds to be used for public education programs."