Windfall
/ˈwɪndˌfɔːl/
Definitions
- (n.) An unexpected, unearned gain or advantage, often of monetary nature, received typically without effort or legal claim.
The heir received a windfall after the distant relative passed away.
- (n.) In property law, a natural product such as timber, crops, or fruit blown down or detached by the wind, which may have specific ownership or salvage rules.
The logger claimed the windfall timber as salvage under state law.
Related terms
See also
Commentary
In drafting legal texts, distinguish between windfall as an unexpected gain and windfall as naturally fallen property to avoid confusion, as each carries different legal implications.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.