terminable
21terminable — /ˈtɜmənəbəl/ (say termuhnuhbuhl) adjective 1. that may be terminated. 2. (of an annuity) coming to an end after a certain term. {Middle English termynable, from termine determine + able} –terminability /tɜmənəˈbɪləti/ (say termuhnuh biluhtee),… …
22terminable annuity — See certain annuity …
23terminable property — Name sometimes given to property of such a nature that its duration is not perpetual or indefinite, but is limited or liable to terminate upon the happening of an event or the expiration of a fixed term; e.g., a leasehold, a life annuity, etc …
24terminable interest — noun an interest in property that terminates under specific conditions • Hypernyms: ↑interest, ↑stake …
25nondeductible terminable interest rule — non·de·duc·ti·ble terminable interest rule /ˌnän di dək tə bəl / n: a rule in estate tax law: the value of a property interest that passes to a surviving spouse may not be deducted if it passes from the surviving spouse to another person for less …
26qualified terminable interest property — see property Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
27Qualified Terminable Interest Property (QTIP) Trust — A type of trust that enables the grantor to provide for a surviving spouse and also to maintain control of how the trust s assets are distributed once the surviving spouse has also died. Income, and sometimes principal, generated from the trust… …
28Qualified Terminable Interest Property Trust — ( Q TIP) A trust that allows a surviving spouse to receive income generated from the trust, while the actual distribution of the trust s assets is made to other beneficiaries such as the grantor s children. Bloomberg Financial Dictionary …
29qualified terminable interest property — (Q TIP) See Q TIP trust …
30Terminableness — Terminable Ter mi*na*ble ( m[i^]n*[.a]*b l), a. [See {Terminate}.] Capable of being terminated or bounded; limitable. {Ter mi*na*ble*ness}, n. [1913 Webster] {Terminable annuity}, an annuity for a stated, definite number of years; distinguished… …