the right of a surviving owner or owners of property held as under joint tenancy to undivided ownership upon the death of either or any of them
survivorship in American English
(sərˈvaivərˌʃɪp)
noun
1.
the state of being a survivor
2. Law
a right of a person to property on the death of another having a joint interest: inthe case of more than two joint tenants, the property passes to successive survivors
Word origin
[1615–25; survivor + -ship]This word is first recorded in the period 1615–25. Other words that entered Englishat around the same time include: evolution, facet, foliation, palette, scintillation-ship is a native English suffix of nouns denoting condition, character, office, skill,etc. Other words that use the affix -ship include: clerkship, friendship, statesmanship
Examples of 'survivorship' in a sentence
survivorship
The authors say their analysis excludes what is known as 'survivorship bias'.
Times, Sunday Times (2018)
With survivorship bias, it is more than 30%.
Times, Sunday Times (2010)
So-called success bias and survivorship bias distort our understanding when peering into the rear-view mirror.
Times, Sunday Times (2015)
This helps to eliminate 'survivorship bias'.
Times, Sunday Times (2013)
For example, if a joint owner dies, the property automatically passes to the other under the right of survivorship.
Times, Sunday Times (2014)
This means any that fail are never included in the statistics, something known in the industry as 'survivorship bias'.