Usufruct

Usufruct

USUFRUCT

Acivil lawterm referring to the right of one individual to use and enjoy the property of another, provided its substance is neither impaired nor altered.

For example, a usufructuary right would be the right to use water from a stream in order to generate electrical power. Such a right is distinguishable from a claim of legal ownership of the water itself.

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usufruct

usufruct right of temporary possession or use. XVII. — medL. ūsūfrūctus, for L. ūsusfrūctus, more fully ūsus et frūctus use and enjoyment; see USE, FRUIT.

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T. F. HOAD. "usufruct." The Concise Oxford Dictionary of English Etymology. 1996. Encyclopedia.com. 1 Jun. 2012 <http://www.encyclopedia.com>.

T. F. HOAD. "usufruct." The Concise Oxford Dictionary of English Etymology. 1996. Encyclopedia.com. (June 1, 2012). http://www.encyclopedia.com/doc/1O27-usufruct.html

T. F. HOAD. "usufruct." The Concise Oxford Dictionary of English Etymology. 1996. Retrieved June 01, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O27-usufruct.html

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Free newspaper and magazine articles

Battle Of Collateral: The Share Pledge v. The Usufruct Right.
News Wire article from: Mondaq Business Briefing; 6/10/2008
Usufruct project surpasses expectations.
Newspaper article from: Cuba News; 8/16/2011
LBP offers usufruct proposal for Iloilo City-owned land.
News Wire article from: Philippines News Agency; 6/17/2008

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