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residuary

[ri-zij-oo-er-ee] /rɪˈzɪdʒ uˌɛr i/
adjective
1.
entitled to the residue of an estate:
a residuary legatee.
2.
pertaining to or of the nature of a residue, remainder, or residuum.
Origin
1720-1730
1720-30; < Latin residu(um) what is left over (see residual) + -ary
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for residuary
  • The chief objective point of the contestants seems to be the residuary estate as disposed by the last codicil.
  • There were six residuary beneficiaries, four individuals and two charities.
  • Distribution to residuary and remainder beneficiaries.
  • The residuary trust beneficiaries are not parties to this action.
  • The will provides that estate administration expenses are to be paid from the residuary estate.
British Dictionary definitions for residuary

residuary

/rɪˈzɪdjʊərɪ/
adjective
1.
of, relating to, or constituting a residue; residual
2.
(law) entitled to the residue of an estate after payment of debts and distribution of specific gifts
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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