Definitions for usufructˈyu zʊˌfrʌkt, -sʊ-, ˈyuz yʊ-, ˈyus-
This page provides all possible meanings and translations of the word usufruct
a legal right to use and derive profit from property belonging to someone else provided that the property itself is not injured in any way
The legal right to use and derive profit or benefit from property that belongs to another person, as long as the property is not damaged.
Origin: From usufructus, from usus et fructus (use and enjoyment), cognate to use and fruit.
the right of using and enjoying the profits of an estate or other thing belonging to another, without impairing the substance
Usufruct is a right of enjoyment, enabling a holder to derive profit or benefit from property that either is titled to another person or which is held in common ownership, as long as the property is not damaged or destroyed. In many usufructory property systems, such as the traditional ejido system in Mexico, individuals or groups may only acquire the usufruct of the property, not legal title.
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