Definition of Terminable interest
1. Noun. An interest in property that terminates under specific conditions.
Terminable Interest Pictures
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Lexicographical Neighbors of Terminable Interest
Literary usage of Terminable interest
Below you will find example usage of this term as found in modern and/or classical literature:
1. Precedents and Forms in Conveyancing by Charles Davidson (1880)
"... and I declare, that every devise and bequest hereby or by any codicil hereto made to any woman, whether of a life or other terminable interest, ..."
2. Irish Chancery Reports: Being a Series of Reports of Cases Argued and by Ireland High Court of Chancery, Ireland Rolls Court (1852)
"... a Company could not deal with a terminable interest, but were bound to purchase the fee. The defendant,s Counsel (Gilmore, Whiteside, Napier and Faloon) ..."
3. The Weekly Reporter by Great Britain. Parliament. House of Lords, Great Britain. Privy Council, Great Britain. Supreme Court of Judicature (1903)
"Will—Charity—terminable interest of real estate — Tenant for life—Consent — Mortmain— Vesting — —Official Trustee of Charity Land»—Mortmain and Charitable ..."
4. A Digest of Maritime Law Cases, from 1837 to 1860 by Arthur Young (1865)
"Steamer, engines of, 2. Freight, 5, 6. terminable interest, 6. 1. ... Prepayment of freight—Charter-party—Construction—terminable interest—Wrongful conver ..."
5. Blackwood's Edinburgh Magazine (1853)
"... in order to make the assessment fair, the assessor is bound to compute the respective values of the permanent interest, and of the terminable interest, ..."
6. The Law Journal Reports: New Series (1882)
"It has also been sometimes argued that it is very unjust to tax at the same rat« a terminable interest, such as that in a mine, which must at some time be ..."