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Escheat

Noun

Definiciones

1.NounThe return, conversion, or vesting of property of a deceased person or closed business to the government (originally to a feudal lord) where there are no legal heirs or claimants. It is known as bona vacantia in the United Kingdom.
2.NounThe property so reverted.
3.NounPlunder, booty.
4.NounThat which falls to one; a reversion or return.
5.VerbTo put (land, property) in escheat; to confiscate.
6.VerbTo revert, convert, or vest ownership to the government or lord because its previous owner died without an heir or a business closed and no one claims the assets.
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