Word.ws English Dictionary

benefit of inventory

benefit of inventory noun: a legal privilege whereby an heir secured himself against unlimited liability for his ancestor, by giving up within the annus deliberandi an inventory of his heritage or real estate, which then represented the maximum extent to which he was liable.

Noun

benefit of inventory (uncountable)

  1. (Scots law) A legal privilege whereby an heir secured himself against unlimited liability for his ancestor, by giving up within the annus deliberandi an inventory of his heritage or real estate, which then represented the maximum extent to which he was liable.

Questions about benefit of inventory

What does benefit of inventory mean?
Benefit of inventory means a legal privilege whereby an heir secured himself against unlimited liability for his ancestor, by giving up within the annus deliberandi an inventory of his heritage or real estate, which then represented the maximum extent to which he was liable.
What part of speech is benefit of inventory?
Benefit of inventory is a noun.

Words near benefit of inventory in the dictionary

  1. benefit clubs
  2. benefit corporation
  3. benefit corporations
  4. benefit of clergy
  5. benefit of doubt
  6. benefit of inventory
  7. benefit of the doubt
  8. benefit segmentation
  9. benefit societies
  10. benefit society
  11. benefit tourism

Source and license

Adapted from Wiktionary: benefit of inventory (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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