SPECIFIC BEQUEST
\spəsˈɪfɪk bɪkwˈɛst], \spəsˈɪfɪk bɪkwˈɛst], \s_p_ə_s_ˈɪ_f_ɪ_k b_ɪ_k_w_ˈɛ_s_t]\
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A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.
By Oddity Software
Word of the day
TMP
- 5-Thymidylic acid. A thymine nucleotide containing one phosphate group esterified to the deoxyribose moiety.