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Meaning of SURVIVORSHIP

Webster's 1913 Dictionary
 
 Definition: 
\Sur*viv"or*ship\, n.
1. The state of being a survivor.
1. (Law) The right of a joint tenant, or other person who has
   a joint interest in an estate, to take the whole estate
   upon the death of other. --Blackstone.
{Chance of survivorship}, the chance that a person of a given
   age has of surviving another of a giving age; thus, by the
   Carlisle tables of mortality the chances of survivorship
   for two persons, aged 25 and 65, are 89 and 11
   respectively, or about 8 to 1 that the elder die first.
 
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