terminable


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Related to terminable: terminable interest

ter·mi·na·ble

 (tûr′mə-nə-bəl)
adj.
1. Possible to terminate: terminable activities; terminable employees.
2. Terminating after a designated date: a terminable annuity.

ter′mi·na·bil′i·ty, ter′mi·na·ble·ness n.
ter′mi·na·bly adv.

terminable

(ˈtɜːmɪnəbəl; ˈtɜːmnəbəl)
adj
1. able to be terminated
2. terminating after a specific period or event: a terminable annuity.
ˌterminaˈbility, ˈterminableness n
ˈterminably adv

ter•mi•na•ble

(ˈtɜr mə nə bəl)

adj.
1. capable of being terminated.
2. (of an annuity) coming to an end after a certain term.
[1375–1425; late Middle English, =termin(en) to end (< Latin termināre) + -able]
ter`mi•na•bil′i•ty, ter′mi•na•ble•ness, n.
ter′mi•na•bly, adv.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.terminable - capable of being terminated after a designated time; "terminable employees"; "a terminable annuity"
impermanent, temporary - not permanent; not lasting; "politics is an impermanent factor of life"- James Thurber; "impermanent palm cottages"; "a temperary arrangement"; "temporary housing"
References in periodicals archive ?
The Cat 6A Universal Tool-Free Plug fulfills a key need for field terminable plugs with rapid termination, without proprietary tools.
OCC's Cat8 Field Terminable Plug is designed to provide the highest level of performance for direct attach, high speed applications when used in combination with a Category 8 copper cable, providing data transmission speeds of up to 40 gigabits per second.
Field terminable versions of SC and other connector types will follow soon.
May a trust intended to qualify for the marital deduction as "qualified terminable interest property" (QTIP) authorize the trustee to retain or acquire life insurance policies?
The Ninth Circuit Court of Appeals recently upheld a district court's decision that a self-prepared will's bequest qualified for the marital deduction, even though its literal wording created a disqualifying terminable interest.
If either a qualified terminable interest property (QTIP) trust or a marital general power of appointment (GPA) owns a partnership interest at the time a surviving spouse dies, the partnership will not be eligible to adjust its assets' "inside" basis as a result of the death under Sec.
The option is terminable by Norwood Immunology on a monthly basis not later than 31 December 2006.
A qualified terminable interest property (QTIP) trust may be named as a beneficiary when time grantor wants to control the ultimate beneficiary of the retirement benefits.
Its four main chapters cover: tax-related drafting, including terminable interest, survivorship conditions, and a variety of trusts; drafting depositive provisions, including wills and trusts; creating revocable trusts; and, drafting fiduciary provisions, including information on providing additional powers to the trustee.
It is renewable or terminable if parties do not live up to the terms," said Traub.
A renewable contract should be phrased 'renewable annually at option of X," rather than "a perpetual contract terminable at will.
In this regard, to be eligible for the estate tax marital deduction, the property interest cannot be a nondeductible interest or a terminable interest.