REVOCATION n.
having the right, annuls an act done, a power or authority given, or a license, gift, or benefit conferred; repeal; reversal; as, the revocation of an edict, a power, a will, or a license.
SERVE v.
To work for; to labor in behalf of; to exert one's self continuously or statedly for the benefit of; to do service for; to be in the employment of, as an inferior, domestic, serf, slave, hired assistant, official helper, etc.; specifically, in a religious sense, to obey and worship. God is my witness, whom I serve with…
SERVICE n. 2 definitions
The act of serving; the occupation of a servant; the performance of labor for the benefit of another, or at another's command; attendance of an inferior, hired helper. slave, etc., on a superior, employer, master, or the like; also, spiritual obedience and love. "O God . . . whose service is perfect freedom." Bk. of Co…
TONTINE n.
An annuity, with the benefit of survivorship, or a loan raised on life annuities with the benefit of survivorship. Thus, an annuity is shared among a number, on the principle that the share of each, at his death, is enjoyed by the survivors, until at last the whole goes to the last survivor, or to the last two or three…
TONTINE INSURANCE n.
Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or full tontine, plan, all benefits were forfeited on lapsed policies, on the policies of those who died within the tontine period only the face of the policy was paid without any share of the surplus, and the su…
TRUST n.
he devisee or grantee shall convey it, or dispose of the profits, at the will, or for the benefit, of another; an estate held for the use of another; a confidence respecting property reposed in one person, who is termed the trustee, for the benefit of another, who is called the cestui que trust.