After Acquired Property - Definition - Law Dictionary Home Dictionary Definition after-acquired-property

Definition :

After-acquired property. A covenant to settle any property that may be acquired by the wife subsequently to the marriage is often inserted in marriage settlements. The construction and effect of such a covenant depends chiefly on the language of the covenant itself. See Wurtzburg on Covenants for the Settlement of a wife's after-acquired property; Bankruptcy Act, 1914, s. 42(2). See SETTLEMENT.