Abeyance

In finance, the word “abeyance” is used to refer to property which does not have a legal owner at a particular time.

For example, if a person dies without leaving any known legal heirs, their estate may enter into abeyance until a legal heir is determined.

More on this topic:
Basic guide to Swiss inheritance rules

About moneyland.ch

moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. More than 70 unbiased comparison tools and calculators are available on moneyland.ch, along with useful financial guides and timely news. The comprehensive comparison tools help you to find the right insurance policies, bank accounts, credit and prepaid cards, loans, mortgages, trading accounts and telecom products for your needs.