Abeyance

Noun

abeyance (countable and uncountable, plural abeyances)

1. (law) Expectancy; a condition when an ownership of real property is undetermined; lapse in succession of ownership of estate, or title. [Late 16^th century]^[4] quotations ▼

The proceeds of the estate shall be held in abeyance in an escrow account until the minor reaches age twenty-one.

2. Suspension; temporary suppression; dormant condition. [Mid 17^th century]^[4] quotations ▼
3. Expectancy of a noble or armigeral title, its right in existence but its exercise suspended.

The broad pennant of a commodore first class has been in abeyance since 1958, together with the rank.