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dormant account

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Noun1.dormant account - a savings account showing no activity (other than posting interest) for some specified period; "the dormant account reverted to the state under escheat laws"
savings account - a bank account that accumulates interest


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Most of the dormant accounts, in fact, were traced to wealthy families who had lost track of their money during the war -- essentially the same kind of people who still use Swiss banking services today.
The litigation had been part of a growing effort to force the banks to scour their records to identify dormant accounts and the proceeds of Nazi plunder and to pressure them to return the assets to the elderly and frail victims and their heirs.
These bankers would turn in their graves if they could see the lists of dormant account holders that were published in some of the world's leading newspapers on 23 July this year.
 
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