What is INSTITUTE?

n. In the civil law. A person named in the will as heir, but with a direction that he shall pass over the estate to another designated person, called the “substitute.” In Scotch law. The person to whom an estate is first given by destination or limita- tion ; the others, or the heirs of tailzie, are called “substitutes.”

More On This Topic



Link to This Definition
Did you find this definition of INSTITUTE helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary