Meaning of the word residuary in English

What does residuary mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

residuary

US /rəˈzɪdʒ.u.er.i/
UK /rəˈzɪdʒ.u.er.i/

Adjective

1.

relating to the part of a dead person's money and property that is left after taxes and debts have been paid, and bequests (= gifts)have been made:

Example:
Her will left her residuary estate to her daughter.
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