remainderman
Hello, you have come here looking for the meaning of the word remainderman. In DICTIOUS you will not only get to know all the dictionary meanings for the word remainderman, but we will also tell you about its etymology, its characteristics and you will know how to say remainderman in singular and plural. Everything you need to know about the word remainderman you have here. The definition of the word remainderman will help you to be more precise and correct when speaking or writing your texts. Knowing the definition ofremainderman, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
See also: remainder-man
English
Etymology
Noun
remainderman (plural remaindermen)
- (law) A person entitled to receive a remainder interest in any property.
- (law) A person entitled to the assets of a trust at the end of some specified period or after some event. For instance a man's will might put his assets into a trust with the income to go to his wife until she dies (being a life interest), at which time the capital (remainder interest) goes to their children. The children are remaindermen.
References
- Family Financial Affairs, Nick Renton, 2001, →ISBN, page 33.