doctrine of approximation

doctrine of approximation. A doctrine that authorizes a court to vary the details of a trust’s administration to preserve the trust and to carry out the donor’s intentions. — Also termed equitable doctrine of approximation. Cf. CY PRES.

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词条贡献者

双语律师William，国内知名法学院金融专业，擅长翻译各类与投资基金、投资顾问及金融衍生工具相关的法律文件。