survivorship account

survivorship account
bank account in that after the death of one account holder the full ownership is transferred to the remaining holders

English contemporary dictionary. 2014.

Look at other dictionaries:

  • survivorship — sur·vi·vor·ship n 1: the right of one or more joint tenants who have survived another to take the interest of the person who has died 2: the state of being a survivor Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Survivorship bias — In finance, Survivorship bias is the tendency for failed companies to be excluded from performance studies because they no longer exist. It often causes the results of studies to skew higher because only companies which were successful enough to… …   Wikipedia

  • Survivorship Bias — The tendency for mutual funds with poor performance to be dropped by mutual fund companies, generally because of poor results or low asset accumulation. This phenomenon, which is widespread in the fund industry, results in an overestimation of… …   Investment dictionary

  • Joint Tenants with Right of Survivorship - JTWROS — A type of brokerage account which is owned by at least two people, where all tenants have an equal right to the account s assets and are afforded survivorship rights in the event of the death of another account holder. In this type of brokerage… …   Investment dictionary

  • Reverse Survivorship Bias — The tendency for low performers to remain in the game, while high performers are inadvertantly dropped from the running. This bias can be applied to a variety of vehicles ranging from the housing market, stock indexes and even investorss… …   Investment dictionary

  • joint tenants with right of survivorship — In the case of a joint account, on the death of one account holder, ownership of the account assets is transferred to the remaining account holder or holders. Bloomberg Financial Dictionary …   Financial and business terms

  • joint bank account — A bank account in the names of two or more persons which may or may not embrace a survivorship feature. A bank account so created that two persons shall be joint owners during their mutual lives, and the survivor take the whole on the death of… …   Ballentine's law dictionary

  • Concurrent estate — Property law Part of …   Wikipedia

  • Life Sciences — ▪ 2009 Introduction Zoology       In 2008 several zoological studies provided new insights into how species life history traits (such as the timing of reproduction or the length of life of adult individuals) are derived in part as responses to… …   Universalium

  • Probate — Not to be confused with Probation. Wills, trusts and estat …   Wikipedia

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