found money

Definition

Referring to assets or ownership interest recovered by an individual, which had been misplaced, lost or forgotten. This term can be used to represent anything from money forgotten in a coat pocket to unclaimed tax refunds, forgotten dividends, lost bank accounts, property ownership discoveries, interest owed but not claimed and a number of other situations. Individuals may locate missing or abandoned assets using a specialized service or by performing their own research into past unclaimed ownership.

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