Wm. IIl
Categories: Contracts
Definition (1910 Edition)
c. 2, by which the crown of England was limited to the house of Hanover, and some new provisions were added at the same time for the better securing the religion, laws, and liberties—Deed of settlement. A deed made for the purpose of settling property, 4. c., hehe the mode and extent of the enjoyment. thereof. The party who settles property is called the “settlor;” and usually his wife and children or his creditors or his near relations are the beneficiaries taking interests under the _ settlement. Brown.—Equity of settlement. ble right a wife, when her husband sues in equity for the reduction of her equitable estate to his own possession, to have the whole or a portion of such estate settled upon herself and her children. Also a similar right now recognized by the equity courts as directly to be asserted against the husband. Also called the “wife's equity.’ —Einal settlement. This
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain.
UK commentary and modern updates are original additions. This entry is for educational
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