Definition of legacy

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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..

Lern More About Legacy

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