escheat
1 of 2noun
es·cheat is-ˈchēt 
ish-ˈchēt
1
: escheated property
2
a
: the reversion of lands in English feudal law to the lord of the fee when there are no heirs capable of inheriting under the original grant
b
: the reversion of property to the crown in England or to the state in the U.S. when there are no legal heirs
escheat
2 of 2verb
escheated; escheating; escheats
transitive verb
: to cause to revert by escheat
intransitive verb
: to revert by escheat
escheatable
is-ˈchē-tə-bəl
adjective ish-
Example Sentences
Recent Examples on the Web
Charles Read, Forbes, 16 Apr. 2021 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 Wesley E. Wright, Houston Chronicle, 16 Mar. 2018 See More
Noun
Another thing to keep in mind is that escheat doesn't change your tax obligations. Charles Read, Forbes, 16 Apr. 2021 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 The state Treasury Department collects unclaimed deposits, known as escheat, with 75% of the money going to the state's Cleanup and Redevelopment Trust Fund and the other 25% returned to retailers. Keith Matheny, Detroit Free Press, 12 Aug. 2020 Verb
In Texas, unlike many other states, unclaimed property does not generally escheat to the state. Wesley E. Wright, Houston Chronicle, 16 Mar. 2018 See More Word History
Etymology
Noun
Middle English eschete, from Anglo-French, reversion of property, from escheir to fall, devolve, from Vulgar Latin *excadēre, from Latin ex- + Vulgar Latin *cadēre to fall, from Latin cadere — more at chance
First Known Use
Noun
14th century, in the meaning defined at sense 1
Verb
14th century, in the meaning defined at transitive sense
Legal Definition
escheat 1 of 2
noun
es·cheat is-ˈchēt
1
: escheated property
2
: the reversion of property to the state upon the death of the owner when there are no heirs
escheat
2 of 2transitive verb
: to cause to revert by escheat
intransitive verb
: to revert by escheat
- produced
- produced more heat than light
- producent
- producer
- producer gas
- producer goods
- producer's rent
- producer's surplus
- producers
- produces
- producibilities
- producibility
- producible
- producing
- product
- product engineer
- product line
- product placement
- productibility
- productile
- production
- production control
- production cost
- production curve
- production function