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Từ vựng:

life interest

Giải nghĩa:

/laɪf ˈɪntrɪst/ – Phrase


Definition: Quyền sử dụng đời sống.

A more thorough explanation: a situation where someone has some rights in a particular piece of land, building, or other property until they die

Example: One half of the property will go to the surviving spouse as a “life interest”. It will then revert to the children on the surviving spouse’s death.