Legal Definitions - purpose

Purpose

Purpose means having a specific goal or objective in mind. It can also refer to the main business activity that a company is authorized to do.

• A person's purpose in life may be to help others and make a positive impact on the world.
• The purpose of a company may be to provide affordable and high-quality products to its customers.

The examples illustrate that purpose is about having a clear intention or aim. In the first example, the person has a personal goal to make a difference in the world. In the second example, the company has a business objective to provide affordable and high-quality products to its customers. Both examples show that purpose is about having a specific direction or focus.