Annual Pension

Annual Pension

Scottish Law: Annual Pension in the Past

Annual rent. A yearly profit due to a creditor by way of interest for a given sum of money. Right of annual rent, the original right of burdening land with payment yearly for the payment of money. [1][rtbs name=”scottish-law”]

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Notes and References

  1. Partialy, this information about annual pension is based on the Bouvier´s Law Dictionary, 1848 edition. There is a list of terms of the Bouvier´s Law Dictionary, including annual pension.

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