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survivorship

[ser-vahy-ver-ship] /sərˈvaɪ vərˌʃɪp/
noun
1.
the state of being a survivor.
2.
Law. a right of a person to property on the death of another having a joint interest: in the case of more than two joint tenants, the property passes to successive survivors.
Origin
1615-1625
1615-25; survivor + -ship
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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