estate in expectancy

estate in expectancy
One which is not yet in possession, but the enjoyment of which is to begin at a future time. An estate giving a present or vested contingent right of future enjoyment. One in which the right to pernancy of the profits is postponed to some future period. Such are estates in remainder and reversion (estate in remainder and estate in reversion)

Black's law dictionary. . 1990.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • estate in expectancy — see estate 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Estate in expectancy — Expectance Ex*pect ance, Expectancy Ex*pect an*cy, n. 1. The act of expecting; expectation. Milton. [1913 Webster] 2. That which is expected, or looked or waited for with interest; the object of expectation or hope. [1913 Webster] The expectancy… …   The Collaborative International Dictionary of English

  • estate in expectancy — One which is not yet in possession, but the enjoyment of which is to begin at a future time. An estate giving a present or vested contingent right of future enjoyment. One in which the right to pernancy of the profits is postponed to some future… …   Black's law dictionary

  • estate in expectancy — See expectant estate …   Ballentine's law dictionary

  • estate in expectancy — an estate either vested or contingent in which one has a present right or interest but of which the possession is postponed or limited to take effect at some future time or upon some future event …   Useful english dictionary

  • estate — es·tate /i stāt/ n [Anglo French estat, literally, state, condition, from Old French, from Latin status, from stare to stand] 1: the interest of a particular degree, nature, quality, or extent that one has in land or other property compare fee;… …   Law dictionary

  • Expectancy — Expectance Ex*pect ance, Expectancy Ex*pect an*cy, n. 1. The act of expecting; expectation. Milton. [1913 Webster] 2. That which is expected, or looked or waited for with interest; the object of expectation or hope. [1913 Webster] The expectancy… …   The Collaborative International Dictionary of English

  • expectancy — ex·pec·tan·cy n pl cies: something expected: as a: an interest held by a person who may receive something (as a bequest) in the future but has no enforceable right to it b: the benefit that will be received from a contract if performed Merriam… …   Law dictionary

  • Expectant estate — Expectant Ex*pect ant, a. [L.expectans, exspectans, p. pr. of expectare, exspectare: cf. F. expectant.] Waiting in expectation; looking for; (Med.) waiting for the efforts of nature, with little active treatment. [1913 Webster] {Expectant estate} …   The Collaborative International Dictionary of English

  • in expectancy — See estate in expectancy; expectancy …   Ballentine's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”