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Usufruct   Listen
noun
Usufruct  n.  (Law) The right of using and enjoying the profits of an estate or other thing belonging to another, without impairing the substance.






Collaborative International Dictionary of English 0.48








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"Usufruct" Quotes from Famous Books



... of the associations and of the claims of the members upon this property. The reason of this is that any 'property' of the association, in the ordinary sense, does not exist. The members, it is true, possess the right of usufruct of the existing productive capital; but as they always share this right with every newly entering member, and are themselves bound to the association by nothing except their interest in the profits of their labour, so ...
— Freeland - A Social Anticipation • Theodor Hertzka

... the wind off the land that made me think of all this possession in which I am to enjoy so short a usufruct. I sat in my boat holding that tiller of mine, which is not over firm, and is but a rough bar of iron. There was no breeze in the air, and the little deep vessel swung slightly to the breathing of the sea. Her great mainsail and her baloon-jib came over lazily as she swung, and ...
— Hills and the Sea • H. Belloc

... leaves their existing rights both to principal and interest untouched, and would not even extinguish altogether their existing powers of bequest, but would limit the exercise of these to the principal sum only,[23] and prohibit the transmission to any private person of any right whatever to the usufruct ...
— A Critical Examination of Socialism • William Hurrell Mallock

... of a prelate. A law was therefore passed declaring it mortal sin for Jesuits to accept bishoprics or other posts of honor in the Church. Instead of assuming the miter, Canisius was permitted to administer the See of Vienna without usufruct of its revenues. To the world this manifested the disinterested zeal of the Jesuits in a seductive light; while the integrity of the Society, as an independent self-sufficing body, exacting the servitude of absolute devotion from its members, was secured. Another instance of the same adroitness ...
— Renaissance in Italy, Volumes 1 and 2 - The Catholic Reaction • John Addington Symonds



Words linked to "Usufruct" :   usufructuary, law



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