joint account
joint account 共同账户；联合账户 指以两人或两人以上名义共同开立的银行账户或经纪账户，可以分为两种形式：一是须经账户各方同意，才能签发支票、使用账户；二是任何一方都可单独使用账户。
Search Results for: joint account
joint account
A bank or brokerage account opened by two or more people, by which each party has a present right to withdraw all funds in the account and, upon the death of one party, the survivors become the owners of the account, with no right of the deceased party’s heirs or devisees to share in it.
joint bank account
joint bank account 联合账户 两个或两个以上的人共同持有的银行账户。持有人各方权利平等并且通常享有生存者权〔survivorship〕，即生存者有权取得死者名下的财产。
joint bank account Read More »
convenience account
An apparent joint account, but without right of survivorship, established by a creator to enable another person to withdraw funds at the creator’s direction or for the creator’s benefit. • Unlike a true joint account, only one person, the creator, has an ownership interest in the deposited funds. Convenience accounts are often established by those
convenience account Read More »
joint
joint, adj. 1. (Of a thing) common to or shared by two or more persons or entities (joint bank account). 2. (Of a person or entity) combined, united, or sharing with another (joint heirs).
sequestered account
An account (such as a joint bank account) that a court has ordered to be separated, frozen, and impounded.
sequestered account Read More »
pay on death account
A bank account whose owner instructs the bank to distribute the account’s balance to a beneficiary upon the owner’s death. • Unlike a joint-and-survivorship account, a pay-on-death account does not give the beneficiary access to the funds while the owner is alive. — Abbr. POD account. — Also termed pay-on-death bank account.
pay on death account Read More »
multiple party account
An account that has more than one owner with a current or future interest in the account. • Multiple-party accounts include joint accounts, payable-on-death (P.O.D.) accounts, and trust accounts. Unif. Probate Code § 6-201(5).
multiple party account Read More »
multiple-party account
multiple-party account 多方账户 多方账户有三种形式：１联合账户〔joint account〕；２活期账户〔P.O.D. account〕；３信托账户〔trust account〕。不包括合伙企业、合资企业或其他商业机构为其资金存款而开立的账户，也不包括由一个或多个经由公司、非法人组织、慈善机构或公益组织正式授权的代理人或受托人控制的账户或非由存款协议建立关系的普通信托账户。
multiple-party account Read More »
joint authors
joint authors. Copyright. Two or more authors who collaborate in producing a copyrightable work, each author intending to merge his or her respective contributions into a single work, and each being able to exploit the work as desired while remaining accountable for a pro rata share of the profits to the coauthor or coauthors. [Cases: