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ALL meanings of life interest

life in·ter·est
L l
  • noun life interest interest on property that is payable during the owner's lifetime but cannot be passed on to another or others after his or her death. 1
  • noun life interest interest (esp from property) that is payable to a person during his life but ceases with his death 0
  • noun life interest interest (in property) that is payable during a person's lifetime, but which cannot be passed on to another at death 0
  • noun life interest (law) A right, typically in the form of regular income, that lasts for the lifetime of the person benefiting from that right. 0
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