Definition

1. Adjective:
   • Relating to or indicating a remainder: Pertaining to what is left over or remains after the main part has been taken, used, or dealt with.
   • Entitled to the residue of an estate: In legal contexts, specifically relating to the person or entity that has the right to inherit what remains of an estate after all debts, taxes, and specific bequests have been paid.

Usage

• The term residuary is primarily used in formal, technical, or legal contexts, such as law, finance, and estate planning. It describes the portion or beneficiary that deals with the leftover assets or quantities.

Examples

• General/Quantitative Use:

  • The residuary amount of the fund was donated to charity.
  • After distributing the prizes, the residuary tickets were discarded.

• Legal/Estate Use:

  • He was named the residuary beneficiary in his aunt's will.
  • The residuary estate was divided equally among the three children after all specific gifts were fulfilled.

Advanced Usage

• "Residuary clause": A clause in a will that disposes of any property not specifically mentioned or already distributed.

  • The lawyer drafted a comprehensive residuary clause to cover any unforeseen assets.

• "Residuary legatee": A person who inherits the residue of an estate.

  • As the sole residuary legatee, she received the remaining property.

Variants and Related Words

• Residue (n): That which remains after a part is taken, used, or removed; the remainder.

  • The residue of the chemical was carefully disposed of.

• Residual (adj): Remaining after the greater part or quantity has gone; often used interchangeably with "residuary" in non-legal contexts.

  • The residual effects of the medication lasted for hours.

Synonyms

• Remaining
• Leftover
• Surplus

Antonyms

• Primary
• Principal
• Specific (in a legal context, referring to a named gift in a will)

Adjective

1. relating to or indicating a remainder
   • residual quantity
2. entitled to the residue of an estate (after payment of debts and specific gifts)
   • the residuary part of the estate
   • the residuary beneficiary