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{%type%} Definitions

WordNet 3.0Copyright Princeton University


Short "hint"

n. - The property that reverts to the state; A reversion to the state (as the ultimate owner of property) in the absence of legal heirs.

Usage examples (38)
  • The state will escheat most dormant bank account after a specied number of years.
  • Yesterday's term was escheat, which is defined as:
  • Because of a practice called escheat, however, that assumption could end up turning your financial life upside down.
  • So, they might not get everything they're entitled to, and the unclaimed assets will eventually revert, or "escheat," to the state. for more
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