life interest

noun

1. interest on property that is payable during the owner's lifetime but cannot be passed on to another or others after the owner's death.

life interest

noun

1. interest (esp from property) that is payable to a person during his life but ceases with his death

Example Sentences

“She might raise something on the legacy from old Vanderstein, in which his widow has a life interest,” suggested the baronet.

From Project Gutenberg

He would quarrel perseveringly with his father, who only had a life interest in the estate.

From Project Gutenberg

Indeed, the more intellectual people are, the more the homely things of life interest them.

From Project Gutenberg

I would give life-interest in rotten house property short shrift by burning the festering places.

From Project Gutenberg

Let me state, then, in the fewest possible words, that Rachel Verinder had nothing but a life-interest in the property.

From Project Gutenberg