Etymology
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hereditament (n.)

"inherited property, anything that can be inherited" (as distinguished from property the ownership of which terminates with the death of the owner), mid-15c., from Medieval Latin hereditamentum, from Latin hereditatem (see heredity).

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Definitions of hereditament

hereditament (n.)
any property (real or personal or mixed) that can be inherited;
From wordnet.princeton.edu