MORE RESIDUARY Meaning and
Definition
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"More residuary" refers to a situation in which there is a greater amount or percentage remaining after certain deductions or allocations have been made. Residuary typically relates to what is left over or remaining after the fulfillment of specific criteria or conditions. In legal and financial contexts, the term is often associated with wills, trusts, or estates.
In the context of wills or trusts, "more residuary" pertains to an increased proportion or amount of the individual's assets or property that is not specifically bequeathed or designated to particular beneficiaries. It refers to the portion of the estate that is not accounted for by explicit instructions or distribution stipulations. For example, if an individual's will designates specific gifts to certain individuals and the remaining property is to be divided equally among their children, the "more residuary" portion would encompass any additional assets that are not allocated in the initial distribution plan.
In financial terms, "more residuary" may describe a higher percentage of funds or resources that are retained or held back after deducting certain expenses, debts, or obligations. This could refer to profits or residual income generated by a business or organization after accounting for operational costs, taxes, and other expenditures.
Overall, the term "more residuary" denotes a larger share or proportion of assets, funds, or resources that remain unallocated or unassigned after specific deductions or distributions have been made.
Common Misspellings for MORE RESIDUARY
- nore residuary
- kore residuary
- jore residuary
- mire residuary
- mkre residuary
- mlre residuary
- mpre residuary
- m0re residuary
- m9re residuary
- moee residuary
- mode residuary
- mofe residuary
- mote residuary
- mo5e residuary
- mo4e residuary
- morw residuary
- mors residuary
- mord residuary
- morr residuary
- mor4 residuary
