GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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20:48 May 30, 2002 |
Romanian to English translations [PRO] Law/Patents | |||||||
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| Selected response from: Marian Greenfield Local time: 11:23 | ||||||
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Summary of answers provided | ||||
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4 +1 | usufruct |
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5 | beneficial interest |
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5 | usufruct |
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usufruct Explanation: life tenancy life interest depending on context |
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beneficial interest Explanation: that's it. |
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usufruct Explanation: BENEFICIAL INTEREST - That right which a person has in a contract made with another; as if A makes a contract with B that he will pay C a certain sum of money, B has the legal interest in the contract, and C the beneficial interest. usufruct Definition [Latin ususfructus from usus et fructus, literally, use and enjoyment] the right to the use and enjoyment of another's property and its profits <a ~ in the crops of the estate> esp in the civil law of Louisiana a personal servitude of limited duration that confers the right of use and full enjoyment of another's property and its fruits Under the civil law of Louisiana, one having a usufruct in land must deliver it to the owner with its basic substance undiminished at the end of the term; one having a usufruct in consumables acquires ownership of them, but must return their value or things of the same quantity or quality at the end of the usufruct. Pronounciation: 'yü-z&-"fr&kt, -s&- Uzufruct s.n.// Din lat. usufructus;cf. fr. usufruit// Drept acordat unei persoane de a se folosi de un bun care nu este proprietatea sa si pe care nu poate sa-l instraineze (Dictionar General al Limbii Romane) |
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