Contingent Interest - Law Dictionary Search Results
loan
one party to another with the express or implied agreement that the sum will be repaid regardless of contingency and usually with interest ;broadly : the furnishing of something to another party for temporary use with the
Financial asset
whether movable or immovable, or in such debt, receivables, whether such interest is existing, future, accruing, conditional or contingent; or (vi) any financial assistance. [Securitisation and Reconstruction of Financial Assets and Enforce-ment of Security Interest Act, 2002
Maintenance
Cro. Eliz. 549. A man may, however, maintain a suit in which he has any interest, actual or contingent; and also a suit of his near kinsman, servant, or poor neighbour, out of charity and compassion, with
Keep your definitions linked to case research
wait and see
that postpones determining the question of validity of a future interest that has not yet vested (as a contingent remainder) until circumstances make clear whether or not the interest will vest within a time limit compare rule
Actionable claim
Courts recognize as affording grounds for relief, whether such debt or beneficial interest be existent, accruing, conditional or contingent. [Transfer of Property Act (4 of 1882), s. 3]
vested
: not subject to forfeiture if employment terminates before retirement [ pension benefits] 2 : having a vested interest [a employee] [a beneficiary] … vested 1 : fully and absolutely established as a right, benefit, or privilege : not dependent on any contingency or condition ;specif : not subject to forfeiture if employment terminates before retirement [ pension benefits] 2 :
Executory remainder
Executory remainder, a contingent remainder, because no present interest passes.
Vested in interest
Matched in: Term Vested in interest
Shelley's case, Rule in
as word of limitation and not of purchase, so that the life-tenant takes the inheritance, which is neither contingent nor in abeyance; that is to say, where the inheritance is to his heirs or right heirs he … it upon A. at once, whereupon his life estate merges in the remainder, and he takes the entire interest, i.e., the fee-simple. Again: Land is limited to A. for life, remainder to B. for life, remainder in
Settled land
For the purposes of the (English) Settled Land Acts, 1882-1890, 'settled land' meant land, and any estate and interest therein, which was the subject of a settlement; and 'settlement' meant any instrument, or any number of instruments, … infant, for a legal estate, or [sub-s. (iii.)] limited in trust for any person for a legal estate contingently on the happening of any event, or [sub-s. (iv.)] limited or in trust for a married woman of
- ‹ Prev
- 1
- 2
- 4
- 5
- Next ›
- Last »
Try the research workspace - 7 days free