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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. 2016.
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Examples from the Web for life-interest
Historical Examples
  • In the natural course of things, the widow would only have a life-interest in the income.

    The Eustace Diamonds Anthony Trollope
  • His life-interest in it would be worth ten or twelve years' purchase.

    Can You Forgive Her? Anthony Trollope
  • He was born only with the life-interest, and he has determined to treat it as though the fee-simple had belonged to him.

    Mr. Scarborough's Family Anthony Trollope
  • The widow received a life-interest only in a portion of the testator's property.

    No Name Wilkie Collins
  • Now it was not even quite true, for they were only in possession of a life-interest in the property.

  • Even though the estate might be entailed so as to give him no more than a life-interest, still money might be raised on it.

    Can You Forgive Her? Anthony Trollope
  • Add the yearly value of my life-interest—and the total reaches a present annual income of fifteen hundred pounds.

    No Thoroughfare Charles Dickens and Wilkie Collins
  • For some years their aunt, Lady Stapleton, also continued to hold a life-interest in the property.

    Story of My Life, volumes 1-3 Augustus J. C. Hare
  • He has clothed with the vibrant palpitating flesh of life-interest the greatest economic problem and evil of the day.

    By Right of Conquest Arthur Hornblow
  • Let me state, then, in the fewest possible words, that Rachel Verinder had nothing but a life-interest in the property.

    The Moonstone Wilkie Collins
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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7
8
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