legacy, contingent

legacy, contingent
n.
A bequest that will take effect when and if a specified event occurs.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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  • contingent — con·tin·gent /kən tin jənt/ adj 1: likely but not certain to happen compare executory 2: intended for use in circumstances not completely foreseen a contingent fund 3: dependent on or conditioned by something else …   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

  • contingent — /kantinjant/ Possible, but not assured; doubtful or uncertain; conditioned upon the occurrence of some future event which is itself uncertain, or questionable. Synonymous with provisional. This term, when applied to a use, remainder, devise,… …   Black's law dictionary

  • contingent — /kantinjant/ Possible, but not assured; doubtful or uncertain; conditioned upon the occurrence of some future event which is itself uncertain, or questionable. Synonymous with provisional. This term, when applied to a use, remainder, devise,… …   Black's law dictionary

  • Contingent — Con*tin gent, a. [L. contingens, entis, p. pr. of contingere to touch on all sides, to happen; con + tangere to touch: cf. F. contingent. See {Tangent}, {Tact}.] 1. Possible, or liable, but not certain, to occur; incidental; casual. [1913… …   The Collaborative International Dictionary of English

  • 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

  • contingent bequest — A legacy which is intended by the testator to vest only in the event and upon condition of the happening of a contingency named therein. If the time of payment merely be postponed, and it appears to be the intention of the testator that his… …   Ballentine's law dictionary

  • contingent legacy — See contingent bequest …   Ballentine's law dictionary

  • Gurkha Contingent — The Gurkha Contingent (Abbreviation: GC; zh sp|s=廓尔喀警察团|p=gūjiā jǐngchátuán), or 辜加警察团,Nepali (गोरखालि) is a line department of the Singapore Police Force. Members of the GC are trained to be highly skilled and are selected for their display of… …   Wikipedia

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