defeasance
[ dih-fee-zuh ns ]
/ dɪˈfi zəns /
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.
Words nearby defeasance
defamiliarization, defang, default, defaulter, defcon, defeasance, defease, defeasible, defeat, defeatism, defeatist
Origin of defeasance
OTHER WORDS FROM defeasance
non·de·fea·sance, nounDictionary.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.
British Dictionary definitions for defeasance
defeasance
/ (dɪˈfiːzəns) /
noun mainly law
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
Word Origin for defeasance
C14: from Old French, from desfaire to defeat
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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