Accumulations — Law Dictionary

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

(1) The income of a trust fund, when reinvested as a new capital by the trustee. (2) The suspension of absolute ownership in the rents and profits of personalty, which is, in many states, limited by statute. See 1 Rev. St. N. Y. p. 773, §§ 2-4. ACCUMULATIVE JUDGMENT (or SENtence). See "Cumulative Sentence."

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

When an executor or other trustee masses the rents, dividends, and other income which he recoives, treats it as a capital, invests it, makes a new capital of the income derived therefrom, invests that, and so on, he is said to accumulate the fund, and the capital and accrued income thus procured constitute accumulations. Hussey v. Sargent, 110 Ky. 53, 75 S. W. 211; In re Rogers' Estate, 179 Pa. 609, 36 Atl. 340; Thorn v. De Breteuil, 86 App. Div. 405, 83 N. Y. Supp. 849.

A Dictionary of Law

Henry Campbell Black · 1891

When an executor or other trustee masses the rents, dividends, and other income which he receives, treats it as a capital, invests it, makes a new eapital of the income derived therefrom, invests that, and so on, née is said to accumulate the fund, and the capital and accrued income thus procured constitute accumulations.