REMAINDERMAN

Etymology

Noun

remainderman (plural remaindermen)

(legal) A person entitled to receive a remainder interest in any property.

(legal) A person entitled to the assets of a trust at the end of some specified period or after some event. For instance a man's will might put his assets into a trust with the income to go to his wife until she dies (being a life interest), at which time the capital (remainder interest) goes to their children. The children are remaindermen.

Source: Wiktionary


Re*main"der-man (- mân), n.; pl. Remainder-men (-mên). (Law)

Definition: One who has an estate after a particular estate is determined. See Remainder, n., 3. Blackstone.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

6 November 2024

SEARCHINGLY

(adverb) in a searching manner; “‘Are you really happy with him,’ asked her mother, gazing at Vera searchingly”


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