residue

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residue

n. in a will, the assets of the estate of a person who has died with a will (died testate) which are left after all specific gifts have been made. Typical language: "I leave the rest, residue and remainder [or just residue] of my estate to my grandchildren." If the residue is not given to any beneficiary it will be distributed pursuant to the laws of descent and distribution. (See: will, residuary bequest, descent and distribution)

residue

in the law of succession, the part of an estate left over after legacies and bequests have been met.

RESIDUE. That which remains of something after taking away a part of it; as, the residue of an estate, which is what has not been particularly devised by will.
     2. A will bequeathing the general residue of personal property, passes to the residuary legatee everything not otherwise effectually disposed of and it makes no difference whether a legacy falls into the estate by lapse, or as void at law, the next of kin is equally excluded. 15 Ves. 416; 2 Mer. 392. Vide 7 Ves. 391; 4 Bro. C. C. 55; 1 Bro. C. C. 589; Rop. on Leg. Index, h.t.; Worth. on Wills, 454.

References in periodicals archive ?
[UKPRwire, Wed Aug 21 2019] This MRRSE study offers a ten-year analysis and forecast of the global residual current circuit breakers market for the period between 2018 and 2028.
[ClickPress, Wed Aug 21 2019] This MRRSE study offers a ten-year analysis and forecast of the global residual current circuit breakers market for the period between 2018 and 2028.
In 2018, Illinois American Water partnered with Illinois farmers to apply over 31,000 tons of residuals and biosolids, rather than sending them to a landfill.
The activities to be tendered include the processing of the organic waste and residual waste collected by the municipalities of the municipalities of avu.
The award is based on the residual value of the vehicle after four years as a percentage of the price for a new car.
The program targets the recovery of waste laminates such as postconsumer sachets and used beverage cartons, considered residual wastes and comprise the bulk of ocean-plastic pollution.
The partnership with PenFed should strengthen AFG's plans to expand into new markets to meet the rising consumer demand for residual based financing.
The long-term 'AA'/Outlook Stable ratings assigned to the series 2018-XF2741 Floater and Residual Certificates are based on the rating that Fitch has assigned to the Community Development Administration, Maryland Department of Housing and Community Development Residential Revenue Bonds, 2018 Series A (Non-AMT) that have been deposited in the series 2018-XF2741 trust.
Effect of the Shift in the Neutral Axis on Forming Residual Stresses in Small-Radius Corner Sections Transverse Residual Stresses
There are two reasons why polymer solution greatly increases oil recovery of the oilfield flooded by water: (1) with higher viscosity, polymer solution effectively improves the oil-water mobility ratio, reduces the interlayer contradictions, improves the fluid entry profile, and increases the sweeping volume of flooding solution; (2) with viscoelastic effect, polymer solution floods the residual oil after water flooding and increases flooding efficiency and thus oil recovery.
However, the residual stresses of composite part will be generated inevitably due to winding tension, thermal expansions, and chemical shrinkage reaction during the manufacturing process.
Auto Business News-December 1, 2017--ALG honours Genesis G80 with 2018 Residual Value Award