executory interest
executory interest
n. an interest in property (particularly real estate) which will only pass to another in the future, or never, if certain events occur.
| 单词 | executory interest |
| 释义 | executory interestexecutory interestn. an interest in property (particularly real estate) which will only pass to another in the future, or never, if certain events occur. executory interestexecutory interestA general term used to describe all future interests other than reversions or remainders; an interest that will shift from one owner to another or spring into being upon the happening of some event in the future. |
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