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Lat. Interest. The interest of money; also an interest in lands. Interesse termini. An interest in a term. That species of interest or property which a lessee for years acquires in the lands demised to him, before he has actually become possessed of those lands; as distinguished from that property or interest vested in him by the demise, and also reduced into possession by an … [Read more...] about INTERESSE

Between the living; from one living person to another. Where property passes by conveyance, the transact tion is said to be inter vivos, to distinguish it from a case of succession or devise. So an ordinary gift from one person to another is called a "gift inter vivos," to distinguish it from a donation made in contemplation of death, (mortis causa.) … [Read more...] about INTER VIVOS

estates. An interest in the term. The demise of a term in land does not vest any estate in the lessee, but gives him a mere right of entry on the land, which right is called his interest in the term, or interesse termini. … [Read more...] about INTERESSE TERMINI

Latin meaning between the living also known as a living trust. … [Read more...] about INTER VIVOS TRUST

(A) Banking. An amount or commission that is paid to a lender (such as a bank) for a loan of money or an extension of credit. The interest rate is added to the balance due and calculated periodically. It may be monthly or annual. Compounded means that the interest that is generated but which may not be due until later, may be added into the calculation of the amount due under … [Read more...] about INTEREST