Definitions for "Liferent"
a right entitling a person (called a "liferenter") to use and enjoy another's property for life, providing this was done without wasting it; the liferent might be a sum of money paid yearly, or the income from a piece of land
entitled a person to use another person's property for life. Liferent could take the form of income from a piece of land or be a sum of money paid out annually.
A liferent is a right to enjoy the use and benefit of another's land for the lifetime of the beneficiary, see " fee". There are two types of liferent, proper and trust. A proper liferent is one created by a disposition. A trust liferent is where a trust is interposed.