Meaning of contingent remainder | Babel Free
Definitions
An interest in property that is owned by a party that can not be identified until the interest vests.
Examples
“Joe leaves property "to Mike for life, and then to Mike's oldest surviving child"; since it is not known who will be Mike's oldest surviving child at the time of Mike's death, ownership of the property is a contingent remainder.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See also
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