Inherit

Business, Legal & Accounting Glossary

Definition: Inherit


Quick Summary of Inherit


to obtain from someone after their death. Receive (money, property, or a title) as an heir at the death of the previous holder.




What is the dictionary definition of Inherit?

Dictionary Definition


To receive property from someone who has died. Traditionally, the word “inherit” applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

  1. transitive To take possession of as a right (especially in Biblical translations).
  2. transitive To receive (property or a title etc), by legal succession or bequest after the previous owner’s death.
  3. transitive, biology To receive a characteristic from one’s ancestors by genetic transmission.

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/inherit/
Modern Language Association (MLA):
Inherit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 18, 2021 https://payrollheaven.com/define/inherit/.
Chicago Manual of Style (CMS):
Inherit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/inherit/ (accessed: September 18, 2021).
American Psychological Association (APA):
Inherit. PayrollHeaven.com. Retrieved September 18, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/inherit/

Definition Sources


Definitions for Inherit 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: 22nd April, 2020 | 0 Views.