What is the point of "engagement" before marriage?

PonyCarGirl98
Is it just a transition period? Some people stay "engaged" like forever before even getting married. What even is the point?

Why can't it be a conversation and mutual agreement instead? Why does there always have to be a cringe proposal?

To clarify, I have mixed views on marriage and what it even means nowadays in first world societies..
Updates:
2 mo
To be clear, I'm NOT asking what engagement means!!! I know the definition. Read the question please
What is the point of "engagement" before marriage?
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