Future interest definition

Future interest means an interest that takes effect in possession or enjoyment, if at all, later than the time of its creation.

Future interest means an interest that takes effect in possession or enjoyment, if at all, later than the time of its creation.[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]

Future interest means an interest that takes effect in possession or enjoyment,

Examples of Future interest in a sentence

Future interest income continues to be accrued based on the reduced carrying amount of the asset, using the rate of interest used to discount the future cash flows for the purpose of measuring the impairment loss.
Future interest income is based on the reduced carrying amount and is accrued using the rate of interest used to discount the future cash flows for the purpose of measuring the impairment loss.
Future interest income continues to be accrued based on the reduced carrying amount of the asset and is accrued using the rate of interest used to discount the future cash flows for the purpose of measuring the impairment loss.
Future interest accretion has been recorded as bond discount and amortized as the current interest accretes.
Future interest is charged on the increased principal balance, and this may increase the amount of your monthly payment and the total amount you repay over the life of the federal student loan.Federal Student Loan—In this guide, loans made under the Direct Loan Program, Federal Perkins Loan Program, and the Federal Fam- ily Education Loan (FFEL) ProgramThe FSA IDThe FSA ID, composed of a username and password, is used to log in to certain U.S. Department of Education websites.

More Definitions of Future interest

Future interest means an alternative future interest or a future interest in the form of a class gift.

Future interest means an interest that takes effect in possession or enjoyment, if at all, after the time of its creation.

Future interest means an estate in reversion or remainder or other vested or contingent interest in property which is yet to entitle immediate possession of the property;

Future interest means an interest that takes

Future interest means any interest in real property that becomes effective at a future date as permitted under the Real Property Regulations 2015;

Future interest means an interest that takes effect in

Future interest means an interest that takes effect through possession or en- joyment, if at all, at a time later than the time that the interest is created.