Remainder

Remainder,

Definition of Remainder:

  1. Third-partys right to future enjoyment or ownership of a property, after it has been enjoyed or owned by a second party who receives it as the beneficiary of the first partys will or trust. For example, if A grants a property to B for life then to C then Cs interest in the property is a remainder. Unlike in a reversion, the property remains with Cs heirs after his or her death.

Synonyms of Remainder

Adjunct, Afterlife, Balance, Bonus, Component, Contingent, Copyhold, Credit, Cross section, Deficit, Detachment, Detail, Difference, Discrepancy, Dividend, Division, Dole, Epact, Equitable estate, Estate at sufferance, Estate for life, Estate for years, Estate in expectancy, Estate in fee, Estate in possession, Estate tail, Excess, Extra, Fee, Fee simple, Fee tail, Feod, Feodum, Feud, Feudal estate, Fief, Following, Fraction, Future time, Gratuity, Hangover, Heel, Installment, Item, Lagniappe, Lateness, Lease, Leasehold, Leavings, Leftover, Leftovers, Legal estate, Margin, Net, Next life, Overage, Overmeasure, Overplus, Overrun, Overset, Overstock, Oversupply, Paramount estate, Parcel, Part, Particular, Particular estate, Percentage, Plus, Portion, Postdate, Postdating, Posteriority, Pourboire, Provenience, Quadrant, Quarter, Quota, Random sample, Remains, Remnant, Residual, Residue, Residuum, Rest, Reversion, Sample, Sampling, Section, Sector, Segment, Sequence, Share, Something extra, Spare, Subdivision, Subgroup, Subsequence, Subspecies, Succession, Supervenience, Supervention, Surplus, Surplusage, Tip, Vested estate

Meaning of Remainder & Remainder Definition