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bona vacantia

   Also found in: Legal, Wikipedia 0.01 sec.
bona vacantia [ˈbəʊnə vəˈkæntɪə]
pl n
(Law) Law unclaimed goods


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But they also get cases from the Bona Vacantia list released by the Treasury.
31) Moreover, some form of process is required to dissolve a company in order to deal with its assets and liabilities; otherwise, the company's property passes to the Crown as bona vacantia and not to the members.
 
 
 
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