/ˈlaɪfərɛnt/ – Noun
Definition: (Scot) quyền sử dụng tài sản suốt đời.
A more thorough explanation: “Liferent” is a legal term used in Scots law to refer to a right to use and enjoy property, typically land or a building, for the duration of the liferenter’s life. The liferenter does not own the property outright but has the right to possess and benefit from it during their lifetime.
Example: The property was granted to the tenant for the duration of his lifetime, creating a liferent interest in the estate.