See Also: escheat(medicine)
Escheat(money)
Escheat(finance)
escheat(dictionary)
escheat(dictionary)
Escheat(law)
Escheat Period(money)
Escheat Period(finance)

escheat (iou)



escheat noun & verb. ME.
[Old French eschete from Proto-Romance, ult. from Latin excidere fall away, escape, formed as EX-1 + cadere fall.]
A. noun.
I. Law.
Land that reverted to the feudal lord when the tenant died leaving no one eligible to succeed under the terms of the grant (Hist.); (now US exc. Hist.) property that reverts to the state or (formerly) the Crown when the owner dies intestate without heirs or (in Britain) was attainted; Scot. property that is forfeited or confiscated. ME.
The reversion of an escheat by intestacy or (in Scotland) forfeiture. Now Scot. & US exc. Hist. LME.
Hist. The right of appropriating property that is subject to escheat. LME.
Hist. A writ to obtain possession of such property. LME.
II.
Forced contribution, plunder; in pl., booty. L16-E17.
b. verb. Law (now Scot. & US exc. Hist.).
verb trans. Make an escheat of; hand over as an escheat to or into. LME.
b. Forfeit. Scot. LME.
verb intrans. Revert by escheat to a lord, the Crown, or a state; become an escheat. LME.
H. Kemelman Without any other beneficiary the whole amount would escheat to the State.
escheatable adjective subject to escheat L16.
escheatage noun (now rare) the right of succeeding to an escheat E17.
escheatment noun forfeiture or lapsing by escheat M19.
escheator noun an officer formerly appointed to deal with escheats in a county LME.
escheatorship noun the office of escheator L16.