usufructuary Definition
a person who has the right to use and enjoy the profits and advantages of something belonging to another as long as the property is not damaged or altered in any way.
Using usufructuary: Examples
Take a moment to familiarize yourself with how "usufructuary" can be used in various situations through the following examples!
Example
The usufructuary of the land was entitled to all the crops grown on it.
Example
The company acted as a usufructuary of the patents owned by the inventor.
Example
The usufructuary of the trust was responsible for managing the assets and distributing the income.
usufructuary Synonyms and Antonyms
Phrases with usufructuary
the right to use and enjoy the profits and advantages of something belonging to another as long as the property is not damaged or altered in any way
Example
The usufructuary right allowed him to live in the house and collect rent from the tenants.
the right to use and enjoy the profits and advantages of something belonging to another as long as the property is not damaged or altered in any way
Example
The usufructuary interest in the land gave him the right to cultivate it and sell the crops.
a mortgage in which the borrower retains possession of the property while the lender holds a lien on it until the loan is repaid
Example
The usufructuary mortgage allowed the borrower to continue using the property while paying off the loan.
Origins of usufructuary
from Latin 'usufructus', meaning 'the right to use and enjoy'
Summary: usufructuary in Brief
'Usufructuary' [yoo-zuh-fruhk-choo-er-ee] refers to a person who has the right to use and enjoy the profits and advantages of something belonging to another without damaging or altering the property. It is often used in legal contexts, such as 'The usufructuary of the trust was responsible for managing the assets and distributing the income.' 'Usufructuary' can also be used in phrases like 'usufructuary right,' denoting the right to use and enjoy the property, and 'usufructuary mortgage,' referring to a mortgage in which the borrower retains possession of the property.
