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“usufruct”
usufruct
1. The right to use and enjoy the profits and advantages of something belonging to another as long as the property is not damaged or altered in any way.
2. The right of using and enjoying the profits of an estate or other thing belonging to another, without impairing the substance.
3. A legal term describing a situation wherein a person or company has a temporary right to use and derive income from someone else's property (provided that it isn't damaged).
2. The right of using and enjoying the profits of an estate or other thing belonging to another, without impairing the substance.
3. A legal term describing a situation wherein a person or company has a temporary right to use and derive income from someone else's property (provided that it isn't damaged).