Origin of defeasance
Related Words for defeasanceabolishment, abolition, abrogation, cancellation, dissolution, invalidation, nullification, reversal, voidance
Examples from the Web for defeasance
Historical Examples of defeasance
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 in a bill of sale is the putting an end to the security by realizing the goods for the benefit of the mortgagee.
noun mainly law
- a condition, the fulfilment of which renders a deed void
- the document containing such a condition
Word Origin for 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.