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chance of survivorship


1 definition found

chance of survivorship - Collaborative International Dictionary of English v.0.48 :

  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]