Moiety Legal Meaning and Definition

Here is a simplified definition of the legal term Moiety.

Moiety (noun):

This term refers to half or a portion of something, especially when describing assets or rights. It originates from the Latin word 'moietas', meaning 'half'. In law, 'moiety' is often used to denote an individual's share in an estate or other property. For example, if a person is entitled to a 'moiety' of an estate, they have a right to half of it.