Meaning of life interest | Babel Free
Definitions
A right, typically in the form of regular income, that lasts for the lifetime of the person benefiting from that right.
Examples
“Under this Will you will perceive that you take⟳ a life-interest in about half of the late Mr. Vincey's property, now invested in Consols, subject to your acceptance of the guardianship of his only son, Leo Vincey, at present⟳ an infant, aged five.”
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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