Definition of estate

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Estate (n.) The great classes or orders of a community or state (as the clergy, the nobility, and the commonalty of England) or their representatives who administer the government; as, the estates of the realm (England), which are (1) the lords spiritual, (2) the lords temporal, (3) the commons..

Lern More About Estate

Trust :: Trust (n.) An estate devised or granted in confidence that the devisee or grantee shall convey it, or dispose of the profits, at the will, or for the benefit, of another; an estate held for the use of another; a confidence respecting property reposed in one person, who is termed the trustee, for the benefit of another, who is called the cestui que trust..
Relief :: Relief (n.) A fine or composition which the heir of a deceased tenant paid to the lord for the privilege of taking up the estate, which, on strict feudal principles, had lapsed or fallen to the lord on the death of the tenant..
Partition :: Partition (v.) The servance of common or undivided interests, particularly in real estate. It may be effected by consent of parties, or by compulsion of law..
Demise :: Demise (n.) The conveyance or transfer of an estate, either in fee for life or for years, most commonly the latter..
Dividend :: Dividend (n.) A sum of money to be divided and distributed; the share of a sum divided that falls to each individual; a distribute sum, share, or percentage; -- applied to the profits as appropriated among shareholders, and to assets as apportioned among creditors; as, the dividend of a bank, a railway corporation, or a bankrupt estate..
Infeudation :: Infeudation (n.) The act of putting one in possession of an estate in fee.
Rent :: Rent (n.) To take and hold under an agreement to pay rent; as, the tennant rents an estate of the owner..
Plot :: Plot (n.) A plan or draught of a field, farm, estate, etc., drawn to a scale..
Appraiser :: Appraiser (n.) One who appraises; esp., a person appointed and sworn to estimate and fix the value of goods or estates..
Vest :: Vest (v. i.) To come or descend; to be fixed; to take effect, as a title or right; -- followed by in; as, upon the death of the ancestor, the estate, or the right to the estate, vests in the heir at law..
Assets :: Assets (n. pl.) Property of a deceased person, subject by law to the payment of his debts and legacies; -- called assets because sufficient to render the executor or administrator liable to the creditors and legatees, so far as such goods or estate may extend..
Testate :: Testate (a.) Having made and left a will; as, a person is said to die testate..
Discontinuor :: Discontinuor (n.) One who deprives another of the possession of an estate by discontinuance. See Discontinuance, 2..
Sequester :: Sequester (v. t.) To cause (one) to submit to the process of sequestration; to deprive (one) of one's estate, property, etc..
Spendthrift :: Spendthrift (n.) One who spends money profusely or improvidently; a prodigal; one who lavishes or wastes his estate. Also used figuratively.
Fall :: Fall (v. t.) To pass or be transferred by chance, lot, distribution, inheritance, or otherwise; as, the estate fell to his brother; the kingdom fell into the hands of his rivals..
Lodge :: Lodge (n.) A small dwelling house, as for a gamekeeper or gatekeeper of an estate..
Coestate :: Coestate (n.) Joint estate.
Effect :: Effect (n.) Goods; movables; personal estate; -- sometimes used to embrace real as well as personal property; as, the people escaped from the town with their effects..
Reversionary :: Reversionary (a.) Of or pertaining to a reversion; involving a reversion; to be enjoyed in succession, or after the termination of a particular estate; as, a reversionary interest or right..
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