remainder

n.

1. Something left over after other parts have been taken away.
2. Mathematics.
   1. The number left over when one integer is divided by another: The remainder plus the product of the quotient times the divisor equals the dividend.
   2. The number obtained when one number is subtracted from another; the difference.
3. Law. An estate in land that is conveyed only after the termination of a preceding estate created at the same time.
4. A book that remains with a publisher after sales have fallen off, usually sold at a reduced price.

tr.v., -dered, -der·ing, -ders.

To sell or dispose of as a remainder.

[Middle English, second party's right of ownership, from Anglo-Norman, from remeindre, to remain, variant of Old French remaindre, remainer. See remain.]

Merchandise that remains unsold at its original price due to lack of demand; also called overstock. The remainder is usually then sold at a lower price. Calendars sold months after the year has begun would be considered remainder merchandise and thus sold at a substantial discount.

Part of an Estate in land that is left upon the termination of the immediately preceding estate (often a life estate or estate for a term of years) and that does not amount to a reversion to the original grantor or his heirs.

An Estate that takes effect after the termination of a prior estate, such as a Life Estate.
Example: At the death of her husband, Polly Rowen inherits a Life Estate in their home. The remainder is Devised to their son, Paul Rowen. When Polly dies, Paul will gain Title to the house. Paul is the Remainderman.

noun

What remains after a part has been used or subtracted: balance, leavings, leftover, remains, remnant, residue, rest². See leftover.

n

Definition: balance, residue
Antonyms: base, core

---

An interest in property that confers a right to possession in someone other than the grantor or his heirs upon the termination of a prior interest, such as following the death of a life tenant.

---

This entry contains information applicable to United States law only.

A future interest held by one person in the real property of another that will take effect upon the expiration of the other property interests created at the same time as the future interest.

The law of real property permits a person who owns real estate to convey all or part of her rights in the property to another person or persons. Legal conveyances of property become more complicated when the person who owns the property, the grantor, gives a present interest (the right to the possession and use of the property) in the property to one person for either life or a set period of time, and also gives a future interest (also called a nonpossessory interest) in the property to another person. The future interest is called a remainder, and the holder of this interest is called the remainderman.

Remainders are subdivided into two principal categories: contingent remainders and vested remainders. A contingent remainder can be created in two different ways. First, it can be a remainder to a person not ascertained at the time the interest is created. For example, Tom owns Blackacre in fee simple, which means he owns it with no ownership limitations. While Bob and Jane are alive, Tom conveys Blackacre to Bob for life, with a remainder to the heirs of Jane. The heirs of Jane are not yet known, so they have a contingent remainder.

A remainder also will be classified as contingent, whether or not the remainderman is ascertained, where the possibility of becoming a present interest is subject not only to the expiration of the preceding property interest but also to some specific event occurring before the expiration of the preceding interest. This event is called a special condition precedent. For example, if Tom owns Blackacre in fee and conveys Blackacre to Bob for life and then to Jane if she marries Bill, then Jane has a contingent remainder in fee, conditioned on the death of Bob and the marriage to Bill.

A vested remainder is a future interest to an ascertained person, with the certainty or possibility of becoming a present interest subject only to the expiration of the preceding property interests. If Tom owns Blackacre in fee simple and conveys Blackacre to Bob for life and to Jane in fee simple, Jane has a vested remainder in fee that becomes a present interest upon the death of Bob. As a remainderman, she simply has to wait for Bob's death before assuming a present interest in Blackacre.

For a remainder to be effective, it must be contained in the same instrument of conveyance (document, such as a deed) that grants the present interest to another person.

See: estate.

IN BRIEF: The part, group, or number left over.

Most people can't think, most of the remainder won't think, the small fraction who do think mostly can't do it very well. — Robert Heinlein (1907-1988)

This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)

Dansk (Danish)
n. - rest, tilbageværende del
v. tr. - sælge til nedsat pris

Nederlands (Dutch)
overschot, rest, gesubstitueerd erfdeel, restantpartij boeken (verkopen)

Français (French)
n. - reste, restant, autres (personnes), (Math) reste, (Jur) retour en pleine propriété, (Comm) invendus
v. tr. - solder

Deutsch (German)
n. - Rest, Restbestand
v. - Restbestand billig verkaufen

Ελληνική (Greek)
n. - υπόλοιπο, κατάλοιπο, (πληθ.) υπολείμματα, λείψανα, λείψανο
v. - ξεπουλάω βιβλία χωρίς κίνηση

Italiano (Italian)
resto, rimanenza

Português (Portuguese)
n. - restante (m), saldo (m), resíduo (m)
v. - saldar

Русский (Russian)
остаток

Español (Spanish)
n. - resto, remanente
v. tr. - vender como remanente

Svenska (Swedish)
n. - återstod, (jur) hemfallsrätt, (mat) rest
v. - sälja ut

中文（简体）(Chinese (Simplified))
剩余物, 差数, 其余的人, 余数, 余项, 削价出售

中文（繁體）(Chinese (Traditional))
n. - 剩餘物, 差數, 其餘的人, 餘數, 余項
v. tr. - 削價出售

한국어 (Korean)
n. - 잔여물, 나머지, 잉여, 유물
v. tr. - 싸게 처분하다

日本語 (Japanese)
n. - 残り, 差, 余り

العربيه (Arabic)
‏(الاسم) الباقي, بقيه (فعل) يبيع بسعر منخفض‏

עברית (Hebrew)
n. - ‮יתרה, שארית‬
v. tr. - ‮מכר (שאריות) בזול‬

If you are unable to view some languages clearly, click here.

To select your translation preferences click here.