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English definition of “demonstrative legacy”

demonstrative legacy

noun [C]
 
 
LAW
an amount of money, shares, etc. from a particular bank account that someone leaves in their will (= a legal document in which they state what should be done with their money and property when they die). If the bank account no longer exists, payment is made from the dead person's estate (= all their money and property).
(Definition of demonstrative legacy from the Cambridge Business English Dictionary © Cambridge University Press)
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