reversionary interest
Defined in 5 dictionaries — Case Law, U.S. Code, Cyclopedic (1922), Bouvier (1914), Black's (1910)
Definitions from Case Law
From 325 U.S. 687 - Goldstone v. United States · 1945Most cited · 179 citing opinions
The existence of such an interest constitutes an important incident of ownership sufficient by itself to support the imposition of the estate tax.
United States Code
26 U.S.C. § 2037 — for purposes of this section (3 versions over time)
For purposes of this section, the term "reversionary interest" includes a possibility that property transferred by the decedent—
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The interest which one has in the reversion of lands or other property. The residue which remains to one who has carved out of his estate a lesser estate. See "Reversion.'' An interest in the land when possession shall fail. Cowell.
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
The interest which one has in the reversion of lands or other property. The residue which remains to one who has carved out of his estate a lesser estate. See Reversion. An interest in the land when possession shall fail. Cowell.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
The interest which a person has in the reversion of lands or other property. A right to the future enjoyment of property, at present in the possession or occupation of another. Holthouse.
Defined under Reversionary in Black's Law Dictionary.