gift causa mortis

gift causa mortis definition - business

gift causa mortis

A gift made in contemplation of the impending death of the donor. The gift is revoked in the event the death does not occur.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.