clause of accrual

clause of accrual. A provision, usu. found in a gift by will or in a deed between tenants in common, that grants a predeceasing beneficiary’s shares to the surviving beneficiary. — Also termed clause of accruer.

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词条贡献者

双语律师Benita，国际知名法学院金融专业，擅长翻译各类与项目开发及融资相关的法律文件。