usu·fruct /'yü-zə-ˌfrəkt, -sə-/ n [Latin ususfructus from usus et fructus, literally, use and enjoyment]: the right to the use and enjoyment of another's property and its profits
a usufruct in the crops of the estate; esp in the civil law of Louisiana: a personal servitude of limited duration that confers the right of use and full enjoyment of another's property and its fruits
◇ Under the civil law of Louisiana, one having a usufruct in land must deliver it to the owner with its basic substance undiminished at the end of the term; one having a usufruct in consumables acquires ownership of them, but must return their value or things of the same quantity or quality at the end of the usufruct.
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.