Define: Alternative Remainders

Alternative Remainders
Alternative Remainders
What is the dictionary definition of Alternative Remainders?
Dictionary Definition of Alternative Remainders

Alternative Remainders:

Noun: A mathematical concept that refers to the set of remainders obtained when dividing a number by a given divisor, excluding the traditional remainders. Instead of the usual remainders (0, 1, 2, 3, etc.), alternative remainders are a distinct set of values that can be used to represent the remainder of a division operation. These alternative remainders are typically chosen to have specific properties or characteristics that make them useful in certain mathematical applications or problem-solving scenarios. The use of alternative remainders allows for a more flexible and nuanced approach to solving mathematical problems, particularly in fields such as number theory, cryptography, and computer science.

Full Definition Of Alternative Remainders

Alternative remainders refer to a type of future interest in property that allows for multiple beneficiaries to receive the property upon the happening of a specified event. In this arrangement, if the primary beneficiary is unable to take possession of the property, it will pass to an alternative beneficiary. This type of remainder interest is commonly used in estate planning to ensure that the property is distributed according to the grantor’s wishes even if the primary beneficiary is unable to accept it. Alternative remainders provide flexibility and contingency planning in the distribution of property, allowing for the possibility of changing circumstances or unforeseen events.

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This glossary post was last updated: 29th March 2024.

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