Purpose example sentences

Secured debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.Traffic here means selling and buying of human beings, usually women, for immoral purposes.The Not-for-Profit Organisations office create special funds for certain purposes/ activities such as 'prize funds', 'match fund' and 'sports fund', etc.The creation of Debenture Redemption Fund Account serves the purpose of Debenture Redemption Reserve as required by law and the SEBI guidelines, and is, after redemption is transferred to general reserve.The intention is to utilise the amount for the specified purpose only.The assets of a company are, therefore, free to be mortgaged for the purpose of borrowings, if the need be.The designer can provide a useful title, which explains the purpose for which the Form is being created.Developing the skills of psychological testing is important since tests are important tools used for the assessment of individuals for various purposes.The question he tried to answer was simple: What is the purpose of the twelve tiny gold spots on a monarch pupa? Everyone assumed the spots were just ornamental, Ebright said.A budget is a quantitative statement for a definite future period of time for the purpose of obtaining a given objective.An enterprise may hold securities and loans for dealing or trading purposes in which case they are similar to inventory acquired specifically for resale.Secured debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.When the company's property is not sufficient to pay off its debts, the private property of its members can be used for the purpose.Fill nearly half of the measuring cylinder-1 with coloured water (for this purpose add a crystal of potassium permanganate to water) and keep second cylinder (number 2) empty.Purchase in open market: When a company purchases its own debentures through stock exchanges for the purposes of cancellation, such an act of purchasing and cancelling the debentures constitutes redemption of debentures by purchase in the open market.

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