escheat


escheat
es|cheat [ısˈtʃi:t] n AmE law
[Date: 1200-1300; : Old French; Origin: eschete, from escheoir 'to fall, be given to another', from Latin cadere 'to fall']
a legal process in which someone's money and property are given to the state after they die if they do not have a ↑will, or if there is nobody else with a legal right to receive their money or property

Dictionary of contemporary English. 2013.

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