Definitions for "Escheatment"
The process of turning over unclaimed or abandoned property to a state authority. Escheatment laws require mutual funds to turn over uncashed or returned check dollars and/or client account fund shares if the owner cannot be located within a length of time determined by each state.
The process of turning over unclaimed or abandoned property to a state authority, such as if a person dies without a will.
The turning over of property to the state of last known address when such property is considered abandoned. Different rules and regulations apply to the various states.
Federal Savings and Loan Association FFO
Keywords:  embedded, european, style, option
embedded option European-style option