defeasance
[dih-fee-zuh ns]
noun Law.
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.
RELATED WORDS
abolishment, abolition, abrogation, cancellation, dissolution, invalidation, nullification, reversal, voidance
Nearby words
- defamiliarization,
- defang,
- default,
- defaulter,
- defcon,
- defease,
- defeasible,
- defeat,
- defeatism,
- defeatist
Origin of defeasance
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Examples from the Web for defeasance
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.
It must be of a thing defeasible, and all the conditions must be strictly carried out before the defeasance can be consummated.
defeasance
noun mainly law
Word Origin for defeasance
C14: from Old French, from desfaire to defeat
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
defeasance
early 15c., from Anglo-French defesaunce, Old French desfaisance "undoing, destruction," from desfaire (Modern French défaire) "to undo, destroy" (see defeat (v.)). Related: Defease; defeasible.
Online Etymology Dictionary, © 2010 Douglas Harper