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Investing Glossary:
Tenants in common
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| Account Registration in which two or more individuals own a certain proportion of an account. Each tenant`s proportion is distributable as part of the owners estate, so that if one of the Account holders dies, that owner`s heirs are entitled to that proportional share of the account.
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