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1Residual:‘there will be a residuary body to run services’
remaining, leftover, unused, unconsumedView synonyms
- ‘The Residuary Body would be wound up after three years and the levy was supposed to be reduced annually as properties were disposed of.’
- ‘In Germany and the United States, residuary powers vest in the Lands and the States.’
- ‘The Group also looked into various regulatory and supervisory aspects relating to NBFCs including residuary non-banking financial companies (RNBCs).’
- 1.1Law Relating to the residue of an estate:‘a residuary legatee’
- ‘The position of the unit holder is different from that of a residuary beneficiary in an unadministered estate, which rests upon concepts of a different area of discourse.’
- ‘Moreover, as the plaintiffs are residuary beneficiaries under the will that has been admitted to probate, the possibility of double recovery referred to at the end of the second paragraph is not present.’
- ‘It fittingly perpetuates his memory as one who lived an unassuming honourable life and bequeathed the whole of his residuary estate to charity’
- ‘He was liable to the other beneficiaries with interests in the residuary estate for the loss suffered by the trust shareholding, i.e. their decrease in value.’
- ‘After the death of my wife, and in the meantime subject to her interest, my trustees shall hold my residuary estate and the income thereof in trust for my nephew.’
Early 18th century: from residuum + -ary.
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