Escheatage - definition of escheatage by The Free Dictionary
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The right of the state to acquire property by escheat.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
References in periodicals archive
Other proposals call for expansion of the bottle bill to include water, sport drinks and tea so the state could benefit from escheatage
- the amount of unclaimed deposits that would revert to the state.
These checks are an accrued liability for a municipality until paid to the rightful vendor or until applicable law allows the jurisdiction to claim the funds through escheatage