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ESCHEAT Definition

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ESCHEAT is the reversion of property to the state (government) in the absence of legal heirs or claimants.

 

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MARKET ANAMOLY is a persistent and systematic differential of returns that cannot be accounted for by systematic risk factors, i.e. it is an inexplicable price distortion on a market.

BASE AMOUNT is the fundamental numerical assumption from which something is begun or developed or calculated or explained, e.g. base pay.


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