Terminable Property
Defined in 2 dictionaries — Cyclopedic (1922), Black's (1910)
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
Such property (e. g., leaseholds, terminable annuities, etc.), as has no permanent duration, but must and will end at a certain time, usually determined beforehand. TERMINARE (Lat.)
In old English law. To end or determine; to dispose of judicially; to decide.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
This name is sometimes given to property of such a nature that its duration is not perpetual or indefinite, but is limited or liable to terminate upon the happening of an event or the expiration of a fixed term; e. g., a lcasehoid, a life-annuity, etc.