English Dictionary

life interest

noun

(law) A right, typically in the form of regular income, that lasts for the lifetime of the person benefiting from that right.

Life interest is a legal right that allows a person to use and enjoy a property for the duration of their life.

意味（1）

(law) A right, typically in the form of regular income, that lasts for the lifetime of the person benefiting from that right.

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.