# Escheatment

> Escheatment — Remitting unclaimed property — uncashed vendor checks, customer credit balances — to the state after its dormancy period.

Source: https://lopifi.com/glossary/escheatment
Part of: Lopifi — US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

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**What is escheatment?** In accounting, escheatment means remitting unclaimed property — uncashed vendor checks, customer credit balances — to the state after its dormancy period.

## Also known as

- Unclaimed property
- Escheat

## Words this system refuses for it

- writing back to income

- **Category:** Cash
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** dormancy-period, credit, period, vendor