Joint account with right of survivorship definition

Joint account with right of survivorship means an account in the name of two or more depositors and which provides that the funds of a deceased depositor become the property of one or more of the surviving depositors.
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Joint account with right of survivorship means an account in
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Related to Joint account with right of survivorship

  • Joint Account means an Account opened in more than one name;

  • Beneficiary means each designated person, or the estate of the deceased Executive, entitled to benefits, if any, upon the death of the Executive, determined according to Article 4.

  • Third Party Beneficiary means each of the non-NHS bodies set out in the list attached at Schedule 1, as supplied from time to time by the Authority to the Contractor;

  • Annuitant means a person who receives a retirement allowance or a disability allowance;