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Blended Fund

Defined in 3 dictionaries — Cyclopedic (1922), Ballentine's (1916), Black's (1910)

The Cyclopedic Law Dictionary

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

In England, where a testator directs his real and personal estate to be sold, and disposes of the proceeds as forming one aggregate, this is called a "blended fund." The expression is chiefly used in cases where part of the testator's disposition fails, by lapse or otherwise, so that it becomes a question whether so much of the undisposed-of portion as consists of or arises from land goes to the testator's heir at law or next of kin. 1 Brown, 503; 1 White & T. Lead. Cas. 783; 1 Mylne & K. 665.

Ballentine's Law Dictionary

James A. Ballentine · 1916

The proceeds of an executor’s sale of all his testator’s realty and personalty under the will.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

In England, where a testator directs his real and personal estate to be sold, and disposes of the proceeds as forming one aggregate, this Is called a "blended fund."