SKIP TO SITE NAVIGATION  |  SWITCH TO GRAPHICAL VERSION

Corporate & Institutional Glossary

Economic Life (Useful Life) Effective Date Effective Lease Rate End Of Term Options Endorsement Equipment Schedule Equity Equity Participant Escheat European Style Option Exchange Controls Exchange Period Exchange Rate Exchange Risk Exchangor Executor Exercise Exercise Price (Strike Price) Expiration Date Expiration Date (Maturity) Export Export Broker Export License

Escheat The property escheats to the state when a person dies without a will and there are no heirs. The term is also applied to unclaimed properties in a financial institution. After a period of time the institution must turn over the properties to the state.

Email this article

Apply Now
All Application Forms

Navigation

Customer Service Section Navigation

• Contact Us
• Account Services
• Top Questions
• Privacy and Security
• User Profile
• Frequently Asked Questions
• Locations
• Site Maps
• Glossaries
  • Personal Finance Glossary
  • Wealth Management Glossary
  • Small Business Glossary
  • Corporate & Institutional Glossary (current)
• Search
• Technical Support

Main Sections of the Site

• Personal Finance
• Small Business
• Corporate & Institutional
• Wealth Management
• About Wachovia
• Customer Service (current)

Search

• Search