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

Bequest :: Bequest (v. t.) To bequeath, or leave as a legacy..
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..
Ademption :: Ademption (n.) The revocation or taking away of a grant donation, legacy, or the like..
Adeem :: Adeem (v. t.) To revoke, as a legacy, grant, etc., or to satisfy it by some other gift..
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..
Lapsed :: Lapsed (a.) Ineffectual, void, or forfeited; as, a lapsed policy of insurance; a lapsed legacy..
Bequest :: Bequest (n.) That which is left by will, esp. personal property; a legacy; also, a gift..
Foundation :: Foundation (n.) A donation or legacy appropriated to support a charitable institution, and constituting a permanent fund; endowment..
Legator :: Legator (n.) A testator; one who bequeaths a legacy.
Cumulative :: Cumulative (a.) Given by same testator to the same legatee; -- said of a legacy.
Windfall :: Windfall (n.) An unexpected legacy, or other gain..
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..
Legatee :: Legatee (n.) One to whom a legacy is bequeathed.
Delegacy :: Delegacy (a.) A body of delegates or commissioners; a delegation.
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.) The act of delegating, or state of being delegated; deputed power..
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