Inchoate interest
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
An interest in real estate which is not a present interest, but which may ripen into a vested estate, if not barred; extinguished, or divested.
Rupe v. Hadley, 113 Ind. 416, 16 N. E. 391; Bever v. North, 107 Ind. 547, 8 N. E. 576; Warford v. Noble (C. C.) 2 Fed. 204.