Patrimony

Pronunciation: /ˈpætrəˌmoʊniː/

Patrimony (noun)

  1. Money and property that a family leaves to the next generation.
  2. Things a group has from the past, such as traditions, buildings, or art, that they pass on.
  3. Resources and rights a country considers its common property for present and future people.

Examples

  • She received her patrimony after the will was read.
  • The family discussed how to share the patrimony fairly.