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Từ vựng:

appropriation in the case of unclaimed deposits

Giải nghĩa:

/ˌapˌroʊpriˈeɪʃən ɪn ði keɪs əv ənˈkleɪmd dɪˈpɑzɪts/ – Phrase


Definition: việc sử dụng trong trường hợp tiền ký gửi không có người nhận.

A more thorough explanation: Appropriation in the case of unclaimed deposits refers to the legal process by which a financial institution or other entity takes possession of funds that have been left unclaimed by their rightful owner for a specified period of time. This process typically involves transferring the unclaimed funds to a designated account or escheatment to the state government, where they may be held until claimed by the rightful owner or their heirs.

Example: In the case of unclaimed deposits, the bank may be required to follow specific legal procedures for the appropriation of funds in accordance with state laws governing abandoned property.