ABEYANCE
An event wherein the rightful owner of an office, property or title is still to be concluded. Abeyance usually occur when the current holder or owner did not declare a single current beneficiary. As an alternative, the way of determining the new owner is through the result of a particular event at some time in the future. The ownership of the office, property or title is left vacant as a result. The word abeyance is derived from "abeance", an old french word which means a gaping or longing, with future expectation.
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Transaction
1. Deal between a buyer and a seller to exchange a product, service, or financial instrument.
2. In accounting, an event or condition aff ...
IRS Publication 596
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Depository Trust Company Tracking - DTCT
A service, used by underwriting firms, that provides a method of tracking the exact path of purchases and sales of newly issued securities.
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