defeasance
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.
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 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 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 federal government appoints a financial agent—the Treasury or the Department of Housing and Urban Development—to manage mortgage defeasance accounts.
From The Wall Street Journal • Dec. 26, 2025
Has not Spenser his law-terms: his capias, defeasance, and duresse; his emparlance; his enure, essoyn, and escheat; his folkmote, forestall and gage; his livery and seasin, wage and waif?
From The Atlantic Monthly, Volume 04, No. 21, July, 1859 by Various
