| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,729,786,055 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Cestui Que |
0.02 sec. |
|
[French, He or she who.] The person for whom a benefit exists. A cestui que trust is a person for whose benefit a trust is created; a beneficiary. Although legal title of the trust is vested in the trustee, the cestui que trust is the beneficiary who is entitled to all benefits from a trust. A cestui que use is an archaic term of Property Law that describes one who has a beneficial interest in land held by someone else. Title and possession as well as the duty to defend the land is held by another, but the cestui que use has the right to rents, profits, and other benefits from the land. A cestui que vie is the person whose life is used to measure various things, such as the duration of a trust, a gift, or an insurance contract. It can also be used to mean the person upon whose life a policy of life insurance is drawn. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | ? References in periodicals archive | |
|---|---|---|
Courts have analogized the rights of mutual policyholders to a cestui que trust in that legal title to the corporate property is vested in the company but is devoted solely to providing life insurance at cost for the benefit of policyholders. |
| Legal Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|