usufruct
June 6th 2006 02:11
(YOU-sa-FRUCT) n
The legal right to use and derive profit from property that belongs to another person. The holder of a usufruct is known as the usufructuary.
e.g. "Elected officials have usufructs for vehicles and office space."
* This image is licenced under the GNU Free Documentation License. It came from the Wikipedia page for Canberra.
The legal right to use and derive profit from property that belongs to another person. The holder of a usufruct is known as the usufructuary.
e.g. "Elected officials have usufructs for vehicles and office space."
* This image is licenced under the GNU Free Documentation License. It came from the Wikipedia page for Canberra.
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