life-lease

Noun

 * 1)  A lifetime appointment, a condition that exists or service that is provided for the duration of an individual's lifetime or for the remainder of a individiual's life.
 * 2) * 1853, Herman Melville, Bartleby, the Scrivener, in Billy Budd, Sailor and Other Stories, New York: Penguin Books, 1968; reprint 1995 as Bartleby, ISBN 0 14 60.0012 9, p.2:
 * I had counted on a life-lease of the profits, whereas I only received those of a few short years.