bona vacantia

/ˌbəυnə və'kæntiə/ noun
a property with no owner, or which does not have an obvious owner, and which usually passes to the Crown

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • Bona vacantia — (Latin for vacant goods ) is a common law doctrine in the United Kingdom under which ownerless property passes by law to the Crown. It has largely replaced the doctrine of escheat, which had a similar effect in relation to feudal tenures. The… …   Wikipedia

  • bona vacantia — bo·na va·can·tia / bō nə vā kan shē ə/ n pl [Latin, ownerless goods]: goods that are unclaimed and without an apparent owner it was trash, in the nature of bona vacantia, which the defendants had abandoned United States v. Calise, 217 F. Supp.… …   Law dictionary

  • Bona Vacantia — A legal term for the situation in which property is left without any clear owner. The precise handling of such property varies depending on the jurisdiction. In most cases, the property is held by the government, and may be recovered by rightful… …   Investment dictionary

  • bona vacantia — /bowns vsksnsh(iy)s/ Vacant, unclaimed, or stray goods. Those things in which nobody claims a property, and which belonged, under the common law, to the finder, except in certain instances, when they were the property of the king. 1 Bl.Comm. 298… …   Black's law dictionary

  • bona vacantia — /boh nah vah kahn tee ah/; Eng. /boh neuh veuh kan tee euh/, Law. property without an apparent owner or claimant. [1750 60; < L] * * * …   Universalium

  • bona vacantia — noun (in English law) the principle that there is no unowned property, and that if there is no other owner property vests in the Crown …   Wiktionary

  • bona vacantia — having no owners …   English contemporary dictionary

  • bona vacantia — [ˌbəʊnə və kantɪə] noun Law (in the UK) goods without an apparent owner, to which the Crown may have right. Origin L., ownerless goods …   English new terms dictionary

  • bona vacantia — Goods without an apparent owner. An example could be the possessions of a person with no living relatives who has died intestate. The Crown is entitled to any personal property without an apparent owner. The prerogative may also be extended to… …   Accounting dictionary

  • bona vacantia — Goods without an apparent owner. An example could be the possessions of a person with no living relatives who has died intestate. The Crown is entitled to any personal property without an apparent owner. The prerogative may also be extended to… …   Big dictionary of business and management

  • bona vacantia —   pl. n. Law, unclaimed property, especially of a person who has died intestate …   Dictionary of difficult words

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