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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
“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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Example Sentences

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

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

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

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

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

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life insuranceLife is short; art is long