specific legacy

specific legacy
A bequest of a particular, individualized chattel, fund, or portion of the testator's personal estate, which is set apart from the balance of his property and which is differentiated from all other articles or funds of the same or a similar nature; a bequest which may be satisfied only by delivery of the specific object, fund, or portion designated, and not by the receipt of some equivalent in money or property. Henderson v First Nat. Bank, 189 Ga 175, 5 SE2d 636, 128 ALR 816; Gorham v Chadwick, 135 Me 479, 200 A 500, 117 ALR 805.

Ballentine's law dictionary. . 1998.

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  • specific legacy — see legacy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. specific legacy …   Law dictionary

  • Specific legacy — specific spe*cif ic (sp[ e]*s[i^]f [i^]k), a. [F. sp[ e]cifique, or NL. spesificus; L. species a particular sort or kind + facere to make. Cf. {specify}.] 1. Of or pertaining to a species; characterizing or constituting a species; possessing the… …   The Collaborative International Dictionary of English

  • specific legacy — UK US noun [C] LAW ► a particular named object or asset that is given to someone out of the general assets of someone who has died: »He added a codicil to his will giving specific legacies of €10,000 to each of his children. → Compare GENERAL… …   Financial and business terms

  • specific legacy — noun : a bequest of a particular identifiable and existing thing or part (as a specified animal) out of a testator s estate compare general legacy * * * specific legacy A legacy of a definite thing, such as jewels, pictures, a sum of stock in the …   Useful english 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

  • 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

  • specific — spe*cif ic (sp[ e]*s[i^]f [i^]k), a. [F. sp[ e]cifique, or NL. spesificus; L. species a particular sort or kind + facere to make. Cf. {specify}.] 1. Of or pertaining to a species; characterizing or constituting a species; possessing the peculiar… …   The Collaborative International Dictionary of English

  • Specific character — specific spe*cif ic (sp[ e]*s[i^]f [i^]k), a. [F. sp[ e]cifique, or NL. spesificus; L. species a particular sort or kind + facere to make. Cf. {specify}.] 1. Of or pertaining to a species; characterizing or constituting a species; possessing the… …   The Collaborative International Dictionary of English

  • Specific disease — specific spe*cif ic (sp[ e]*s[i^]f [i^]k), a. [F. sp[ e]cifique, or NL. spesificus; L. species a particular sort or kind + facere to make. Cf. {specify}.] 1. Of or pertaining to a species; characterizing or constituting a species; possessing the… …   The Collaborative International Dictionary of English

  • Specific duty — specific spe*cif ic (sp[ e]*s[i^]f [i^]k), a. [F. sp[ e]cifique, or NL. spesificus; L. species a particular sort or kind + facere to make. Cf. {specify}.] 1. Of or pertaining to a species; characterizing or constituting a species; possessing the… …   The Collaborative International Dictionary of English

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