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life interest

noun
1.
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. 2015.
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Examples from the Web for life interest
Historical Examples
  • She had a life interest in the house and property, and it was so nominated in the bond.

  • Was the said Miss Schlegel to have a life interest in it, or to own it absolutely?

    Howards End E. M. Forster
  • Jones maybe has a life interest in it, and Robinson a reversionary interest.

  • The wife inherits a life interest in one-third of the real estate.

  • As you know a certain sum of money came to me under my mother's will in which you have only a life interest.

    Allan and the Holy Flower H. Rider Haggard
  • In the latter we have but a life interest, for the entail is cut off by death.

    The Pacha of Many Tales Frederick Marryat
  • His relations inherited his estate, except Aunt Katy's life interest.

    Pen Pictures B. F. Craig
  • Not out and out, of course; only a life interest—only the income from it!

    The Forsyte Saga, Complete John Galsworthy
  • Miss Verinder's life interest allowed him no more hope of raising the "provision" than of raising the twenty thousand pounds.

    The Moonstone Wilkie Collins
  • Subject to your life interest and an annuity to Zoe, is it not so?

    The Octoroon Dion Boucicault
British Dictionary definitions for life interest

life interest

noun
1.
interest (esp from property) that is payable to a person during his life but ceases with his death
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Value for life

7
8
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