terminable interest Synonyms
No Synonyms and anytonyms found
terminable interest Meaning
Wordnet
terminable interest (n)
an interest in property that terminates under specific conditions
terminable interest Sentence Examples
- The terminable interest in the property will revert to the original owner upon the death of the life tenant.
- The trust agreement established a terminable interest for the surviving spouse, which will cease upon their remarriage.
- The terminable interest granted to the employee will expire upon their termination of employment.
- The estate created a terminable interest for the widow, which will be distributed to the children after her passing.
- The loan granted to the borrower has a terminable interest clause, allowing the lender to recall the loan at their discretion.
- The power of attorney granted to the agent is terminable at any time by the principal.
- The terminable interest in the mineral rights will be extinguished when the mining operations are complete.
- The property has a terminable interest for the duration of the easement, which will revert to the owner upon its expiration.
- The scholarship provides a terminable interest for the student, lasting only for the duration of their academic program.
- The terminable interest in the artwork will return to the museum after its display period ends.
FAQs About the word terminable interest
an interest in property that terminates under specific conditions
No synonyms found.
No antonyms found.
The terminable interest in the property will revert to the original owner upon the death of the life tenant.
The trust agreement established a terminable interest for the surviving spouse, which will cease upon their remarriage.
The terminable interest granted to the employee will expire upon their termination of employment.
The estate created a terminable interest for the widow, which will be distributed to the children after her passing.
