Unclaimed assets refer to financial resources that have not been claimed by their rightful owners for a specified period. These can include bank accounts, insurance policies, stocks, and other forms of property. When individuals pass away or lose contact with their financial institutions, these assets may become dormant and eventually be turned over to the government or a designated agency. Governments often maintain unclaimed asset registries to help reunite owners with their lost property. Individuals can search these registries to find out if they have any unclaimed assets, which can provide a financial boost if they are successfully recovered.