Heirloom
['eəluːm] or ['ɛrlum]
Definition
(noun.) something that has been in a family for generations.
(noun.) (law) any property that is considered by law or custom as inseparable from an inheritance is inherited with that inheritance.
Edited by Dwight--From WordNet
Definition
(n.) Any furniture, movable, or personal chattel, which by law or special custom descends to the heir along with the inheritance; any piece of personal property that has been in a family for several generations.
Checker: Uriah