Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Survivorship
1. The state or condition of being the one person out of two or more who remains alive after the others die. 2. The right of a surviving party having a joint interest with others in an estate to take the whole. See RIGHT OF SURVIVORSHIP. survivorship annuity See ANNUITY.
joint-and-survivorship account
See joint account under ACCOUNT.
presumption of survivorship
The presumption that one of two or more victims of a common disaster survived the others, based on the supposed survivor's youth, good health, or other reason rendering survivorship likely.
right of survivorship
A joint tenant's right to succeed to the whole estate upon the death of the other joint tenant. - Also termed jus accrescendi. See SURVIVORSHIP; joint tenancy under TENANCY.
survivorship annuity
an annuity providing for continued payments to a survivor, usu. a spouse, after the original annuitant dies
survivorship policy
A joint life policy that is payable upon the death of the last survivor named in the policy.