defeasance
a rendering null and void.
a condition on the performance of which a deed or other instrument is defeated or rendered void.
a collateral deed or other writing embodying such a condition.
Origin of defeasance
1Other words from defeasance
- non·de·fea·sance, noun
Words Nearby defeasance
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use defeasance in a sentence
It must be of a thing defeasible, and all the conditions must be strictly carried out before the defeasance can be consummated.
defeasance in a bill of sale is the putting an end to the security by realizing the goods for the benefit of the mortgagee.
This condition is known as the defeasance because it defeats or undoes the bond.
British Dictionary definitions for defeasance
/ (dɪˈfiːzəns) /
the act or process of rendering null and void; annulment
a condition, the fulfilment of which renders a deed void
the document containing such a condition
Origin of defeasance
1Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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