15 GCA § 645: Legacies: Distinctions, Definitions and Designations.

Legacies are distinguished, defined and designated, according to their nature, as follows:

(a) Specific: A legacy of a particular thing, specified and distinguished from all others of the same kind belonging to the testator, is specific; if such legacy fails, resort can not be had to the other property of the testator.

(b) Demonstrative: A legacy is demonstrative when the particular fund or personal property is pointed out from which it is to be taken or paid.

(c) Annuity: An annuity is a bequest of certain specified sums periodically; if the fund or property out of which a demonstrative legacy or an annuity is payable fails, in whole or in part, resort may be had to the general assets of the testator's estate, as in case of a general legacy.

(d) Residuary: A r esiduary legacy embraces only that which remains after all the bequests of the will are discharged.

(e) General: All other legacies are general legacies.