defeasance

[ dih-fee-zuh ns ]SEE DEFINITION OF defeasance

EXAMPLES FROM THE WEB FOR 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.

MORE RELATED WORDS FOR DEFEASANCE

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