Usufruct
Definition, Meaning & Examples
Pronunciation /ˈjuːz(j)ʊfɹʌkt/ · Part of speech noun
Quick meaning: Usufruct is a noun meaning (law, also figuratively) To use and derive profit or benefit from property that belongs to another person.
Meaning
(law, also figuratively) To use and derive profit or benefit from property that belongs to another person.
More Meanings
- (law) The legal right to use and derive profit or benefit from property that belongs to another person, as long as the property is not damaged.
Example Sentences
Every American college president, it appears, is in duty bound to write and utter at least one book upon the nature, aims and usufructs of the Higher Education.
An enabling myth is just that—a myth that enables those who benefit from the status quo to keep on benefiting. Thorstein Veblen would say that it enabled the usufructuaries to keep on usufructing.
We ought to obſerve, that Uſufruct or Uſe for the Profits, and other ſort of Servitudes are the Rights which we enjoy gratuitouſly: For if we pay an Annual Rent, 'twill be then a kind of Letting or Hiring.
[T]eaching the Koran is not property; neither does usufruct constitute property (according to the sentiments of our doctors), because that is not substantial or permanent, whereas property is a thing of a permanent nature, and what constitutes actual wealth; […]
Word Forms
- usufructs
- usufruit
- usufructing
- usufructed
Synonyms for usufruct
Depending on context, synonyms include liferent.
Related Words
Related dictionary entries include interest, utilization, use, enjoyment, usufruction, usufructuary.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.