usufructuary

adj

1. (not-comparable)Of or pertaining to a usufruct.

   “By this longobard Law the Tenant had only a uſufructuary poſſeſſion of the Fee, the Lord reſerving the propriety or Dominum directum to himself.”

   “[T]he French are not ſo ſcruplous; but in the abſoluteſt Monarchy of Europe, plainly declare that their King hath but a uſufructuary right to his Kingdom, and the Territories belonging thereunto, or that he can any way charge them with his debts, or alienate, or diſpoſe of them; without the conſent of the States of France, […]”

   “While water itself is personal property, a water right is a real property interest, a so-called usufructurary right, a right to use water from a specific source for a specific use.”

noun

1. A person who holds property, or the use of assets, by usufruct; a fructuary.

   “[T]hat great Aſſembly des notables called by K. Francis the Firſt, to give their Judgment of the Articles of Peace lately made with the Emperour Charles V. at Madrid, their ſenſe was, that Burgundy which by thoſe Articles was to be delivered up, was an inſeparable Member of the Crown, of which he was but the uſufructuary, and ſo he could not diſpoſe of the one any more than of the other; […]”