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

资深译员Jenny，国内名牌大学法律英语专业，专注翻译各种与重组、破产及重整有关的法律文件。