succession

13 ENTRIES FOUND:

suc·ces·sion

noun \sək-ˈse-shən\

: the act of getting a title or right after the person who had that title or right before you has died or is no longer able or allowed to have it; also : the process by which this happens

: a series of people or things that come one after the other

Full Definition of SUCCESSION

1
a :  the order in which or the conditions under which one person after another succeeds to a property, dignity, title, or throne
b :  the right of a person or line to succeed
c :  the line having such a right
2
a :  the act or process of following in order :  sequence
b (1) :  the act or process of one person's taking the place of another in the enjoyment of or liability for rights or duties or both
(2) :  the act or process of a person's becoming beneficially entitled to a property or property interest of a deceased person
c :  the continuance of corporate personality
d :  unidirectional change in the composition of an ecosystem as the available competing organisms and especially the plants respond to and modify the environment
3
a :  a number of persons or things that follow each other in sequence
b :  a group, type, or series that succeeds or displaces another
suc·ces·sion·al \-ˈsesh-nəl, -ˈse-shə-nəl\ adjective
suc·ces·sion·al·ly adverb

Examples of SUCCESSION

  1. As third in the line of succession, she would only become queen if her brothers both died or became ineligible.

Origin of SUCCESSION

Middle English, from Anglo-French or Latin; Anglo-French, from Latin succession-, successio, from succedere
First Known Use: 14th century

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

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