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term interest in property

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 1001 — in this section

For purposes of paragraph (1), the term “term interest in property” means—

(A) a life interest in property,

(B) an interest in property for a term of years, or

(C) an income interest in a trust.

26 U.S.C. § 167 — under this section

The term “term interest in property” has the meaning given such term by section 1001(e)(2).

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