In Scotland this term is applied to a debt which though created is not due, but is to become so at a future day. … [Read more...]
FUTURE ESTATE
An estate which another person might receive title at some point in the future. … [Read more...]
FUTURE INTEREST
When the right to property is based on a condition precedent or that something need to occur. For example, a person who is entitled to a car after the owner dies as per the will of the owner. … [Read more...]
FUTURE PERFORMANCE
A contractual obligation where a performance is required and will take place in the future. … [Read more...]
FUTURE RIGHT
A right that will vest in the future. … [Read more...]