- pecuniary legacy
- A legacy which is to be paid out of the general assets of the testator's estate when they shall be converted into money. Humphrey v Robinson, 52 Hun 200, 203, 5 NYS 164.
Ballentine's law dictionary. Anderson, W.S.. 1998.
pecuniary legacy
Look at other dictionaries:
pecuniary legacy — England, Wales A gift of money in a will. A pecuniary legacy is usually a general legacy, but may also be specific (specific legacy) or demonstrative (demonstrative legacy) … Law dictionary
legacy — leg·a·cy / le gə sē/ n pl cies [Medieval Latin legatio, from Latin legare to bequeath]: a gift of property by will; specif: a gift of personal property by will: bequest see also ademption compare devise conjoint leg … Law dictionary
pecuniary — pe·cu·ni·ary /pi kyü nē ˌer ē/ adj: consisting of, measured in, or relating to money pecuniary damages Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. pecuniary … Law dictionary
pecuniary — /pakyuwn(i)yariy/ Monetary; relating to money; financial; consisting of money or that which can be valued in money. As to pecuniary consideration pecuniary damages pecuniary legacy; see those titles @ pecuniary benefits Benefits that can be… … Black's law dictionary
legacy — A disposition of personalty by will. A bequest. In a technical sense and strictly construed, legacy is a gift or bequest by will of personal property, whereas a devise is a testamentary disposition of real estate, but such distinction will not be … Black's law dictionary
legacy — A disposition of personalty by will. A bequest. In a technical sense and strictly construed, legacy is a gift or bequest by will of personal property, whereas a devise is a testamentary disposition of real estate, but such distinction will not be … Black's law dictionary
specific legacy — see legacy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. specific legacy … Law dictionary
demonstrative legacy — see legacy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. demonstrative legacy … Law dictionary
general legacy — see legacy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. general legacy … Law dictionary
specific gift — England, Wales specific gift, Also known as a specific legacy. A gift of a particular asset (or assets) in a testator s estate to one or more beneficiaries in a will. For example, the following are all specific gifts: • I give the cash in my desk … Law dictionary
