Abeyance

Business, Legal & Accounting Glossary

Definition: Abeyance




What is the dictionary definition of Abeyance?

Dictionary Definition


  1. n. when the ownership of property has not been determined. Examples include title to real property in the estate of a person who has died and there is no obvious party to receive the title or there appears to be no legal owner of the property, a shipwreck while it is being determined who has the right to salvage the ship and its cargo, or a bankrupt person’s property before the bankruptcy court has decided what property is available to creditors or alleged heirs.
  2. legal jargon for “undetermined.

Full Definition of Abeyance


A lapse in succession during which there is no person in whom title is vested. In the law of estates, the condition of a freehold when there is no person in whom it is vested. In such cases, the freehold has been said to be in nubibus (in the clouds), in pendenti (in suspension), and in gremio legis (in the bosom of the law). Where there is a tenant of the freehold, the remainder or reversion in fee may exist for a time without any particular owner, in which case it is said to be in abeyance. A condition of being undetermined or in state of suspension or inactivity. In regard to sales to third parties of property acquired by county at tax sale, being held in abeyance means that certain rights or conditions are in expectancy.

For example, until an order of foreclosure is granted by a court, a mortgagee does not have title to the property of a delinquent debtor that is the subject of a mortgage in those jurisdictions that follow the lien theory of mortgages.


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Abeyance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/abeyance/ (accessed: October 21, 2021).
American Psychological Association (APA):
Abeyance. PayrollHeaven.com. Retrieved October 21, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/abeyance/

Definition Sources


Definitions for Abeyance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 8th October, 2021 | 7 Views.