Residuary (Adjective)
Meaning 1
Relating to or indicating a remainder; "residual quantity".
Classification
Relational adjectives (pertainyms).
Synonyms
Related Words
Meaning 2
Entitled to the residue of an estate (after payment of debts and specific gifts); "the residuary part of the estate"; "the residuary beneficiary".
Classification
Relational adjectives (pertainyms).
Examples
- The residuary beneficiary of the will was the deceased's youngest child, who inherited the majority of the estate.
- The residuary part of the estate was divided equally among the surviving siblings, as per the deceased's wishes.
- After paying off the outstanding debts and specific gifts, the residuary amount was substantial enough to set up a trust fund for the grandchildren.
- The lawyer explained that the residuary clause in the will would ensure that the remaining assets were distributed fairly among the beneficiaries.
- As the residuary beneficiary, the niece was entitled to the entire residue of the estate, including the property and investments.