Term In Gross - Definition - Law Dictionary Home Dictionary Definition term-in-gross

Definition :

Term in gross. A term which would have been attendant on the inheritance if it had been assigned by a purchaser of settled land to a trustee for himself, and while outstanding and not merged it was kept in existence upon an implied trust for the parties entitled according to their estates and interests, Halsb. L.E., title 'Real Property,' etc. See ATTENDANT TERM; OUTSTANDING TERM.