In mere discharge, then, of conspicuous debt, Madame Muhlhausen has priority, Enjoys the usufruct of Clairvaux.
To hold land with the right of usufruct or to have the usufruct of land, means to hold, use, and enjoy the products of land the ownership of which belongs to another.
Nor should the greater share of this usufruct be absorbed by the manufacturer and publisher of the book.
I say he has produced it, and contributed to the wealth of the world, and that he is as truly entitled to the usufruct of it as the miner who takes gold or silver out of the earth.
This usufruct is a net surplus, or income, yielded by a sum of money undiminished in amount up to the moment it is spent, but meantime increasing in the gratification it will help to secure.
Rent is the value of the usufruct of wealth, wages are the value of the usufruct of labor.
The usufructof wealth is the basis of rent; the need to pay rent is not the cause of value in the product.
Usufruct is a conception most intimately related to that of consumption goods, but is logically one step further removed from want.
The usufruct in this case is divided between the two parties.
In every case where money is retained for a time in possession, there is expected from it a usufruct as great as, or greater than, can be secured from anything else for which it can be exchanged.
Sidenote: Rent and time-value as here used] Rent as defined in this volume has the much broader meaning of the usufruct of any material agent as contrasted with the use-bearer.
The relation of most kinds of wealth to wants is indirect; but gratification thus afforded indirectly is none the less the basis on which the usufruct of wealth is estimated.
The main forms of wealth whose usufruct is still sold under long renting contracts are land and its more durable improvements.
Custom may prevent the owner from charging all the usufruct of the agent is worth.
Before the usufruct is estimated, allowance must be made for repairs, depreciation, and for various expenses which absorb a good portion of the gross product.
The meaning of usufruct is the use of the fruits, or in legal phrase: "the right of using and enjoying the income of an estate or other thing belonging to another, without impairing the substance.
The essential thought in rent, as we shall use it, is that it is the value of the usufruct as distinguished from the value of the use-bearer or thing itself.
When it ceases to exist, the usufruct passes on to the succeeding generation, free and unincumbered, and so on, successively, from one generation to another for ever.
Each generation has the usufruct of the earth during the period of its continuance.
Man receives his usufruct from the hands of society, which alone is the permanent possessor.
The original usufruct of a property held in common is explained in the Roman sense as a precarium or servitude, and from being a right of the whole organization becomes a right of the single individual or group of individuals.
Three years rolled away, and during this time the pauper grew richer and richer (as she thought) out of the usufruct of her savings.
In this way we have come into the usufruct of a cost-of-production theory of value which is pungently reminiscent of the time when Nature abhorred a vacuum.
The arrangements as to the property of the Italian soil placed at the disposal of Sulla[7] all the Roman domain lands which had been placed inusufruct to the allied communities, and which now reverted to the Roman government.
Allied communities held the usufruct of large tracts of it by means of decrees of the people or the senate, and other portions had been taken possession of by Latin burgesses.
Thenceforward the land, or the usufruct of it, is appropriated by that man and his heirs.
In Vatulele and Tailevu, for instance, the symbol of transfer is a basket of earth, and the symbol of usufruct a leaf or a bunch of plantains.
All these cases amounted to little more than the transfer of the usufruct of the land for life or for an uncertain period.
They came, of course, to the chief, as the tribal representative, and asked for protection, and for the usufruct of land on which to plant their food.
The person enjoying theusufruct had the right to all the crops and timber grown upon the soil, but the fruit-trees remained the property of the donor.
Where this is not done, the owners of the trees should be allowed to have twenty-five years' usufruct of them, after which they and all others they may have planted in the interim should pass to the owner of the soil.
In a usufruct the title remained with the grantor, and the grantee merely had the use or enjoyment of the land.
Or we may put it in another way:--in our English law usufruct is a temporary dominium and dominium is a usufruct that may be perpetual.
Among a testator's own slaves is to be reckoned one of whom he is bare owner, the usufruct being vested in some other person.
A usufruct may be created not only in land or buildings, but also in slaves, cattle, and other objects generally, except such as are actually consumed by being used, of which a genuine usufruct is impossible by both natural and civil law.
Obviously, a usufruct of a house is extinguished by the house being burnt down, or falling through an earthquake or faulty construction; and in such case a usufruct of the site cannot be claimed.
Thus in point of fact the senate did not introduce a usufruct of such things, for that was beyond its power, but established a right analogous to usufruct by requiring security.
It should be added, that the right of usufruct under the system of communal possession, can be converted into that of "hereditary individual ownership.
And besides these, again, from the time of the New Testament[468] to the present, there have been tenants paying a tithe or other portion of the produce in return for a usufruct only of public or private lands.
Their land, with less labour, yields a greater usufruct than other land; they get more money for their industry; they jingle more coin in their pockets than other peoples.
For an American to advocate a cause without any hope of private usufruct is almost unheard of; it would be difficult to find such a man who was not plainly insane.
She shall have the usufruct of field and garden and all that her father gave her so long as she lives, but she cannot sell or assign it to others.
I set out on this ground, which I suppose to be self-evident, that the earth belongs in usufruct to the living: that the dead have neither powers nor rights over it.
As a class, however, they had no personal relations with the daimyo, unless through the samurai, to whom the usufruct of the land which they cultivated had been allotted by the daimyo.
By the reform legislation, the usufruct of a public land was granted to one who did much service to the state, but the duration of the right was limited to his life or at most to that of his grand-children.
If the granting of the usufruct of a certain extent of land in exchange for military service is the essence of feudalism, it is indisputable that feudalism existed in Japan too.
As I have already said, every contract to let renders absolutely void the occupier's right of exclusive usufruct of the house-site.
Consequently my right of usufruct passes over to the person to whom--whether gratuitously or not--I transfer my right of property in the house.
He enjoyed the usufruct of it during his life, and not unfrequently it was employed not only to furnish the house of the newly married couple, but also to start them in business.
M406) Occasionally, however, the adopting parent reserved the usufruct of the property for life only, fixing by deed the rightful heir.
Wherefore if he exacts more for the usufruct of a thing which has no other use but the consumption of its substance, he exacts a price of something non-existent: and so his exaction is unjust.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "usufruct" in a variety of sentences. We hope that you will now be able to make sentences using this word.
