Definition of residuary in English:
residuary
adjective rɪˈzɪdjʊərirəˈzɪdʒəˌwɛri
technical 1Residual.
there will be a residuary body to run services
Example sentencesExamples
- The Residuary Body would be wound up after three years and the levy was supposed to be reduced annually as properties were disposed of.
- The Group also looked into various regulatory and supervisory aspects relating to NBFCs including residuary non-banking financial companies (RNBCs).
- In Germany and the United States, residuary powers vest in the Lands and the States.
Synonyms
remaining, leftover, unused, unconsumed
- 1.1Law Relating to the residue of an estate.
Example sentencesExamples
- It fittingly perpetuates his memory as one who lived an unassuming honourable life and bequeathed the whole of his residuary estate to charity
- Moreover, as the plaintiffs are residuary beneficiaries under the will that has been admitted to probate, the possibility of double recovery referred to at the end of the second paragraph is not present.
- After the death of my wife, and in the meantime subject to her interest, my trustees shall hold my residuary estate and the income thereof in trust for my nephew.
- The position of the unit holder is different from that of a residuary beneficiary in an unadministered estate, which rests upon concepts of a different area of discourse.
- He was liable to the other beneficiaries with interests in the residuary estate for the loss suffered by the trust shareholding, i.e. their decrease in value.
Origin
Early 18th century: from residuum + -ary1.
Definition of residuary in US English:
residuary
adjectiverəˈzijəˌwerērəˈzɪdʒəˌwɛri
technical 1Residual.
Example sentencesExamples
- In Germany and the United States, residuary powers vest in the Lands and the States.
- The Residuary Body would be wound up after three years and the levy was supposed to be reduced annually as properties were disposed of.
- The Group also looked into various regulatory and supervisory aspects relating to NBFCs including residuary non-banking financial companies (RNBCs).
Synonyms
remaining, leftover, unused, unconsumed
- 1.1Law Relating to the residue of an estate.
Example sentencesExamples
- It fittingly perpetuates his memory as one who lived an unassuming honourable life and bequeathed the whole of his residuary estate to charity
- He was liable to the other beneficiaries with interests in the residuary estate for the loss suffered by the trust shareholding, i.e. their decrease in value.
- The position of the unit holder is different from that of a residuary beneficiary in an unadministered estate, which rests upon concepts of a different area of discourse.
- After the death of my wife, and in the meantime subject to her interest, my trustees shall hold my residuary estate and the income thereof in trust for my nephew.
- Moreover, as the plaintiffs are residuary beneficiaries under the will that has been admitted to probate, the possibility of double recovery referred to at the end of the second paragraph is not present.
Origin
Early 18th century: from residuum + -ary.