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defeasance

[dih-fee-zuhns] / dɪˈfi zəns /


Example Sentences

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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 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

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 agent’s guarantee to remit the remaining mortgage payments to the mortgage servicer on time and in full substitutes for the home seller’s liability.

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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