irrevocable
adjective
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Irrevocable and Trusts
Irrevocable has a formal sound to it and is often used in legal contexts. Irrevocable trusts are trust funds that cannot be dissolved by the people who created them (the other kind is a revocable trust). An irrevocable credit is an absolute obligation from a bank to provide credit to a customer. Irrevocable gifts, under U.S. tax law, are gifts that are given by one living person to another and can't be reclaimed by the giver. But the word isn't always legal; we've all had to make irrevocable decisions, decisions that commit us absolutely to something.
Examples of irrevocable in a Sentence
Jessica Ledingham, J.d., Ll.m., Forbes, 25 Oct. 2024
Should their conditions worsen or improve, the end result is the same – promising an instant and irrevocable erasure of this demimonde forged from slumber.
—Ben Croll, IndieWire, 12 Sep. 2024
By establishing an irrevocable life insurance trust (ILIT), the policy can create a tax-free death benefit for your heirs.
—Andre Pennington, Forbes, 10 Oct. 2024
There are many types of irrevocable trusts, including the popular charitable remainder trust.
—Alicia Adamczyk, Fortune, 30 Sep. 2024
See all Example Sentences for irrevocable 
Dictionary Entries Near irrevocable
Cite this Entry
“Irrevocable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/irrevocable. Accessed 29 Nov. 2024.
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irrevocable
adjective
Legal Definition
irrevocable
adjective
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