Future Interest

Business, Legal & Accounting Glossary

Definition: Future Interest


Quick Summary of Future Interest


A right to property that cannot be enforced in the present, but only at some time in the future. For example, John’s will leaves his house to his sister Marian, but only after the death of his wife, Hillary. Marian has a future interest in the house.




What is the dictionary definition of Future Interest?

Dictionary Definition


n. a right to receive either real property or personal property some time in the future, either upon a particular date or upon the occurrence of an event. Typical examples are getting title upon the death of the person having present use, outliving another beneficiary, reaching maturity (age 18) or upon marriage.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/future-interest/
Modern Language Association (MLA):
Future Interest. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 16, 2021 https://payrollheaven.com/define/future-interest/.
Chicago Manual of Style (CMS):
Future Interest. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/future-interest/ (accessed: September 16, 2021).
American Psychological Association (APA):
Future Interest. PayrollHeaven.com. Retrieved September 16, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/future-interest/

Definition Sources


Definitions for Future Interest are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th April, 2020 | 1 Views.