corporate purpose
a provision in a company's constitution stating the purpose and range of activities for which the company is carried on
en-US/ˈkɑɹpəɹɪt ˈpɝpəs/
en-GB/ˈkɔːpəɹət ˈpɜːpəs/
a provision in a company's constitution stating the purpose and range of activities for which the company is carried on