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Usufruct

Definition:

A legal term describing a situation wherein a person or company has a temporary right to use and derive income from someone else’s property (provided that it isn’t damaged).

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On August 28th, 2011   /   Blog, Word of the Day   /   1 Comment
1 Comment to “Usufruct”
  1. Laura
    9:47 pm on September 24, 2011

    Much appreciated for the information and share!

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