Legal Definition and Related Resources of Blended fund
Meaning of Blended fund
In England, where a testator directs his real and personal estate to be sold, and disposes of the proceeds as forming one aggregate, this is called a “blended fund.” The expression is chiefly used in cases where part of the testator”s disposition fails, by lapse or otherwise, so that it becomes a question whether so much of the undisposed-of portion as consists of or arises from land goes to the testator”s heir at law or next of kin. 1 Brown, 503; 1 White & T. Lead. Cas. 783; 1 Mylne & K. 665.
What does Blended Fund mean in American Law?
The definition of Blended Fund in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:
A fund of money produced from more than one source, e.g., the fund that arises when a will instructs an executor to sell all real and personal property.
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Blended Fund in the Dictionary | Blended Fund in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Blended Fund |
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Related topics | Blended Fund in the World Encyclopedia of Law |
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This definition of Blended Fund Is based on the The Cyclopedic Law Dictionary . This definition needs to be proofread..
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