What does "escheatment" mean?

The process of transferring unclaimed or abandoned property to a state authority, especially when a person dies intestate.

What is a synonym for "escheatment"?

Common synonyms include: damages, distress, fine, forfeit, forfeiture, mulct.

Pronounced //ɪsˈt͡ʃiːtmənt//.

/ɪsˈt͡ʃiːtmənt/ noun

noun ·Rare ·Advanced level

Noun

1
The process of transferring unclaimed or abandoned property to a state authority, especially when a person dies intestate.

From escheat + -ment.