defeasance
Americannoun
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a rendering null and void.
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a condition on the performance of which a deed or other instrument is defeated or rendered void.
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a collateral deed or other writing embodying such a condition.
noun
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the act or process of rendering null and void; annulment
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a condition, the fulfilment of which renders a deed void
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the document containing such a condition
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Other Word Forms
Etymology
Origin of defeasance
1400–50; late Middle English defesance < Anglo-French defesaunce, Old French defesance, equivalent to desfes- (past participle stem of desfaire to undo; see defeat) + -ance -ance
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Rather than paying the 101-cent put, EA pursued a defeasance strategy for a pair of $750 million bonds it previously issued, one due in 2031 and the other in 2051.
From The Wall Street Journal ● Oct. 5, 2026
The defeasance transaction involves no “uncompensated taking” and doesn’t generate a financial loss for a mortgage lender.
From The Wall Street Journal ● Dec. 26, 2025
The defeasance manager provides the seller or settlement agent with a fair-market valuation of the remaining payments on a home’s outstanding mortgage, determined using the current market prices of a portfolio of Treasury securities.
From The Wall Street Journal ● Dec. 26, 2025
The defeasance account manager collects this market value at settlement, and invests the proceeds in the appropriate U.S.
From The Wall Street Journal ● Dec. 26, 2025
Neither of these writers gives us a full copy of the defeasance.
From The History of England from the First Invasion by the Romans to the Accession of King George the Fifth Volume 8 by Hilaire Belloc
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