Joint tenants with right of survivorship


In the case of a joint account, on the death of one account holder, ownership of the account assets is transferred to the remaining account holder or holders.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Acid test ratio

Also called the quick ratio, the ratio of current assets minus inventories, accruals, and prepaid items to current liabilities.

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