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Inurement

   Also found in: Legal, Financial 0.02 sec.
in·ure also en·ure  (n-yr)
tr.v. in·ured also en·ured, in·ur·ing also en·ur·ing, in·ures also en·ures
To habituate to something undesirable, especially by prolonged subjection; accustom: "Though the food became no more palatable, he soon became sufficiently inured to it" (John Barth).

[Middle English, back-formation from enured, customary, from in ure : in, in; see in1 + ure, use (from Old French euvre, uevre, work, from Latin opera, activity associated with work; see op- in Indo-European roots).]

in·urement n.


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Really, it was pretty isolated on the facts of that case, I don't think it had broad implications other than one point: it's an arm's length negotiation, not tainted by private inurement or private benefit, if both parties believe they were negotiating in their best interest," Canter said.
What types of transactions can result in an inurement of benefit that could jeopardize tax exemption?
However, payments made at below-market value from taxable or noncharitable entities to charitable entities are inherently instances of private inurement and can subject organizations to the risk of sanction, including loss of exemption for the charitable organization.
 
 
 
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