From Longman Business Dictionaryhereditamenther‧e‧dit‧a‧ment /ˌherəˈdɪtəmənt/ noun [countable] LAW a piece of property that can be inheritedRates are not payable on any unoccupied hereditament for any period during which the owner was prohibited by law from occupying the property. → corporeal hereditament → incorporeal hereditament