Abandoned Property(redirected from Lost Mislaid or Abandoned Property)
Also found in: Legal.
Property that appears as if the owner deliberately left it with no apparent intention to return and claim it. For example, a car left on the side of the road for several days may be considered abandoned property. In general, abandoned property becomes the property of its finder, though, in some cases, it may become the property of the state. See also: Abandonment, Mislaid Property, Lost Property.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved