Definition of legacy

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Legacy (n.) A business with which one is intrusted by another; a commission; -- obsolete, except in the phrases last legacy, dying legacy, and the like..

Lern More About Legacy

Lapsed :: Lapsed (a.) Ineffectual, void, or forfeited; as, a lapsed policy of insurance; a lapsed legacy..
Substitution :: Substitution (n.) The designation of a person in a will to take a devise or legacy, either on failure of a former devisee or legatee by incapacity or unwillingness to accept, or after him..
Ademption :: Ademption (n.) The revocation or taking away of a grant donation, legacy, or the like..
Legatee :: Legatee (n.) One to whom a legacy is bequeathed.
Foundation :: Foundation (n.) A donation or legacy appropriated to support a charitable institution, and constituting a permanent fund; endowment..
Delegacy :: Delegacy (a.) The act of delegating, or state of being delegated; deputed power..
Cumulative :: Cumulative (a.) Given by same testator to the same legatee; -- said of a legacy.
Legacy :: Legacy (n.) A business with which one is intrusted by another; a commission; -- obsolete, except in the phrases last legacy, dying legacy, and the like..
Delegacy :: Delegacy (a.) A body of delegates or commissioners; a delegation.
Leave :: Leave (v.) To have remaining at death; hence, to bequeath; as, he left a large estate; he left a good name; he left a legacy to his niece..
Legacy :: Legacy (n.) A gift of property by will, esp. of money or personal property; a bequest. Also Fig.; as, a legacy of dishonor or disease..
Transmission :: Transmission (n.) The right possessed by an heir or legatee of transmitting to his successor or successors any inheritance, legacy, right, or privilege, to which he is entitled, even if he should die without enjoying or exercising it..
Bequest :: Bequest (n.) That which is left by will, esp. personal property; a legacy; also, a gift..
Adeem :: Adeem (v. t.) To revoke, as a legacy, grant, etc., or to satisfy it by some other gift..
Bequest :: Bequest (v. t.) To bequeath, or leave as a legacy..
Legator :: Legator (n.) A testator; one who bequeaths a legacy.
Windfall :: Windfall (n.) An unexpected legacy, or other gain..
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