TERMINABLE INTEREST
(noun)
There is 1 meaning of the phrase
Terminable Interest.
Definitions
Terminable Interest - as a noun
An interest in property that terminates under specific conditions
Example Sentences
"The trust provides a terminable interest to the beneficiary."
"She received a terminable interest in her grandmother's estate."
"His will granted his wife a terminable interest in their shared property."
"The terms of the agreement include a terminable interest clause."
"The landlord granted the tenant a terminable interest in the apartment."