'Chance of survivorship' definitions:
Definition of 'Chance of survivorship'
From: GCIDE
- Survivorship \Sur*viv"or*ship\, n.
- 1. The state of being a survivor. [1913 Webster]
- 1. (Law) The right of a joint tenant, or other person who has a joint interest in an estate, to take the whole estate upon the death of other. --Blackstone. [1913 Webster]
- Chance of survivorship, the chance that a person of a given age has of surviving another of a giving age; thus, by the Carlisle tables of mortality the chances of survivorship for two persons, aged 25 and 65, are 89 and 11 respectively, or about 8 to 1 that the elder die first. [1913 Webster]