residuary
/rɪˈzɪdʒuˌɛri/
adjective
- Relating to the remainder or leftover part of something after the main part has been taken or used.
- The company sold its main assets and distributed the residuary funds to shareholders.
- After paying all the bills, the residuary amount was donated to charity.
- The residuary clause in the will stated that any remaining property should go to the grandchildren.
- In law, relating to the part of an estate that remains after specific gifts and debts have been paid.
- The residuary legatee received everything that was not specifically mentioned in the will.
- She was named the residuary beneficiary of her uncle's estate.
- After all the bequests were fulfilled, the residuary estate was divided among the surviving relatives.