Home > Term: joint tenants with right of survivorship
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.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
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Creator
- Jessehe
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(V.I.P) 32013 points - 40.13% positive feedback
