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life interest

interest on property that is payable during the owner's lifetime but cannot be passed on to another or others after his or her death. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for life interest
Historical Examples
  • Was the said Miss Schlegel to have a life interest in it, or to own it absolutely?

    Howards End E. M. Forster
  • Which means, that you 'd reject the offer of a life interest?

    Davenport Dunn, Volume 1 (of 2) Charles James Lever
  • The wife inherits a life interest in one-third of the real estate.

  • In the latter we have but a life interest, for the entail is cut off by death.

    The Pacha of Many Tales Frederick Marryat
  • Not out and out, of course; only a life interest—only the income from it!

    The Forsyte Saga, Complete John Galsworthy
  • Papa has had to borrow money on his life interest in the place.

    The Belton Estate

    Anthony Trollope
  • Subject to your life interest and an annuity to Zoe, is it not so?

    The Octoroon Dion Boucicault
  • His relations inherited his estate, except Aunt Katy's life interest.

    Pen Pictures B. F. Craig
  • How small the chance that he might again awaken the springs of life interest.

    The U.P. Trail Zane Grey
  • These were valued for Probate at £60, and the value of the life interest was computed at £12.

    De Mortuis Nil Nisi Bona Ernest Evan Spicer
British Dictionary definitions for life interest

life interest

interest (esp from property) that is payable to a person during his life but ceases with his death
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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