primarily engaged
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 329 U.S. 441 - Board of Governors of the Federal Reserve System v. Agnew · 1947Most cited · 258 citing opinions
An activity or function may be 'primary' in that sense if it is substantial. If the underwriting business of a firm is substantial, the firm is engaged in the underwriting business in a primary way though by any quantitative test underwriting may not be its chief or principal activity. On the facts in this record we would find it hard to say that underwriting was not one primary activity of the firm and brokerage another.
How often courts cite the case defining “primarily engaged”
Court decisions citing the opinion that defined “primarily engaged” — 251 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.