Time and Devise

noun

• An instance or single occasion for some event.
  • usage: "this time he succeeded"; "he called four times"; "he could do ten at a clip"
  • synonyms: clip
• A period of time considered as a resource under your control and sufficient to accomplish something.
  • usage: "take time to smell the roses"; "I didn't have time to finish"; "it took more than half my time"
• An indefinite period (usually marked by specific attributes or activities. )
  • usage: "he waited a long time"; "the time of year for planting"; "he was a great actor in his time"
• A suitable moment.
  • usage: "it is time to go"
• The continuum of experience in which events pass from the future through the present to the past.
• A person's experience on a particular occasion.
  • usage: "he had a time holding back the tears"; "they had a good time together"
• A reading of a point in time as given by a clock.
  • usage: "do you know what time it is"; "the time is 10 o'clock"
  • synonyms: clock time
• The fourth coordinate that is required (along with three spatial dimensions) to specify a physical event.
  • synonyms: fourth dimension
• Rhythm as given by division into parts of equal duration.
  • synonyms: meter, metre
• The period of time a prisoner is imprisoned.
  • usage: "he served a prison term of 15 months"; "his sentence was 5 to 10 years"; "he is doing time in the county jail"
  • synonyms: prison term, sentence

verb

• Measure the time or duration of an event or action or the person who performs an action in a certain period of time.
  • usage: "he clocked the runners"
  • synonyms: clock
• Assign a time for an activity or event.
  • usage: "The candidate carefully timed his appearance at the disaster scene"
• Set the speed, duration, or execution of.
  • usage: "we time the process to manufacture our cars very precisely"
• Regulate or set the time of.
  • usage: "time the clock"
• Adjust so that a force is applied and an action occurs at the desired time.
  • usage: "The good player times his swing so as to hit the ball squarely"

• (v.i.) To keep or beat time; to proceed or move in time.
• (n.) Hour of travail, delivery or parturition.
• (n.) Performance or occurrence of an action or event, considered with reference to repetition; addition of a number to itself; repetition; as, to double cloth four times; four times four or sixteen.
• (n.) The duration of one's life; the hours and days which a person has at his disposal.
• (n.) Tense.
• (v.t.) To ascertain or record the time, duration or rate of; as, to time the speed of horses or hours for workmen.
• (n.) The measured duration of sounds; measure; tempo; rate of movement; rhythmical division; as, common or triple time; the musician keeps good time.
• (n.) The period at which any definite event occurred or person lived; age; period; era; as, the Spanish Armada was destroyed in the time of Queen Elizabeth; -- often in the plural; as, ancient times; modern times.
• (n.) Duration, considered independently of any system of measurement or any employment of terms which designate limited portions thereof.
• (v.t.) To appoint the time for; to bring, begin or perform at the proper season or time; as, he timed his appearance rightly.
• (v.i.) To pass time; to delay.
• (n.) A particular period or part of duration, whether past, present or future; a point or portion of duration; as, the time was or has been; the time is or will be.
• (v.t.) To measure, as in music or harmony.
• (n.) The present life; existence in this world as contrasted with immortal life; definite, as contrasted with infinite, duration.
• (n.) A proper time; a season; an opportunity.
• (v.t.) To regulate as to time; to accompany or agree with, in time of movement.

Time is the element which quantifies investment horizons, time remaining to maturity, time remaining to expiration, or time of holding period. It measures the distance between chronological points. Its definition can be complex even when determining the remaining period for an option until its expiration. This is because some practitioners use only business days, others use calendar days, still others base their years on 252, 253, 360, 365 or 366 days (leap years). Also, for modeling purposes some analysts view time discretely while others view it continuously. At the simplest level, this is evident between the difference of simple interest calculations and continuous compounding interest calculations.

noun

• A will disposing of real property.
• Law) a gift of real property by will. (

verb

• Come up with (an idea, plan, explanation, theory, or principle) after a mental effort.
  • usage: "excogitate a way to measure the speed of light"
  • synonyms: invent, contrive, excogitate, formulate, forge
• Arrange by systematic planning and united effort.
  • usage: "machinate a plot"; "organize a strike"; "devise a plan to take over the director's office"
  • synonyms: organize, organise, prepare, get up, machinate
• Give by will, especially real property. .

• (v.t.) To imagine; to guess.
• (v.t.) To give by will; -- used of real estate; formerly, also, of chattels.
• (v.t.) To plan or scheme for; to purpose to obtain.
• (n.) Property devised or given by will.
• (n.) Device. See Device.
• (v.t.) To say; to relate; to describe.
• (v.i.) To form a scheme; to lay a plan; to contrive; to consider.
• (n.) The act of giving or disposing of real estate by will; -- sometimes improperly applied to a bequest of personal estate.
• (n.) A will or testament, conveying real estate; the clause of a will making a gift of real property.
• (v.t.) To form in the mind by new combinations of ideas, new applications of principles or new arrangement of parts; to formulate by thought; to contrive; to excogitate; to invent; to plan; to scheme; as, to devise an engine, a new mode of writing, a plan of defense or an argument.

devise is a transfer of real property under a will. The donor is the devisor, and the recipient is the devisee.