Life interest

- 2 dictionary results

life interest

–noun

interest on property that is payable during the owner's lifetime but cannot be passed on to another or others after his or her death.

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Legal Dictionary

Main Entry: life interest
see INTEREST 1

Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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