purpose clause

'purpose clause' can also refer to...


More Like This

Show all results sharing this subject:

  • Economics


Show Summary Details

Quick Reference

A clause in an agreement detailing the use to which the borrowing will be put. The most common corporate purpose clause says ‘for general corporate purposes’.

Subjects: Economics.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.