Thursday, 2 May 2024, 10:48 AM
Site: RRU Open Educational Resources
Course: Give Green Canada (Give Green Canada)
Glossary: Here is a Helpful Glossary of Gift Planning
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Self-insured gift annuityA charitable gift annuity where the charity invests the contributed property and assumes the obligation to make payments to annuitant(s). |
Servient tenement.Land over which a burden such as an easement or covenant has been granted in favour of another parcel of land called the dominant tenement. |
ServitudeIn Quebec law, a servitude is a right to use another's land. It is a burden on the land requiring the owner to permit access to the beneficiary of the servitude. |
Statutory right of wayAn easement without a designated dominant tenement registrable against title to land under section 218 of the Land Title Act. |
Strip bondA strip bond (also called a 'zero-coupon bond') is a corporate or government bond that pays no current interest to the holder. It is sold at a discount for considerably less than its future redemption value. |