Public Purpose
Barron's Real Estate Dictionary:
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Public Purpose
The justification that the government must establish in its powers of eminent domain to acquire property.
See new london, city of.
Example: Types of improvements that serve a public purpose are roads, parks, schools, other public buildings, and any other endeavor where the purpose of the project serves a public good or need.
See new london, city of.
Example: Types of improvements that serve a public purpose are roads, parks, schools, other public buildings, and any other endeavor where the purpose of the project serves a public good or need.
| Public Offering, Public Lands | |
| Public Record, Public Sale |
Barron's Law Dictionary:
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Public Purpose
Generally, the goal of society to benefit its citizens.
Specifically, the doctrine examining governmental action and measuring the ultimate benefit to the public, as with the taking of private property to build a private correctional facility.
See eminent domain, public use.
Specifically, the doctrine examining governmental action and measuring the ultimate benefit to the public, as with the taking of private property to build a private correctional facility.
See eminent domain, public use.
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Mentioned in
Crown Corporation
(finance term)
Public Purpose Bond
(finance term)
Interstate Commerce
(business term)
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