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
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INTERESSE TERMINI
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
INTER VIVOS TRUST
Latin meaning between the living also known as a living trust. … [Read more...] about INTER VIVOS TRUST
INTEREST
(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
INTERCALARE
Lat. In the civil law. To introduce or insert among or between others; to introduce a day or month into the calendar; to intercalate. Dig. 50, 16, 98, pr. … [Read more...] about INTERCALARE
