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RESIDUUM Definition & Legal Meaning

Definition & Citations:

That which remains after any process of separation or deduction; a residue or balance. That which remains of a decedent’s estate, after debts have been paid and legacies deducted. See Parsons v. Colgate (C. C.) 15 Fed. 003; Robinson v. MU- laril, 133 Mass. 239; United States Trust Co. v. Black, 9 Misc. Bep. 053, 30 N. Y. Supp. 453. Resignatio est juris proprii spontanea refutatio. Besignation is a spontaneous re- linquishment of one’s own right. Godb. 284.

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