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defeasance

[dih-fee-zuhns] / dɪˈfi zəns /


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.

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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

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

Even if Queen Mary, as a drama, had many more than its actual faults, this fact alone—this extraordinary defeasance by the poet of his familiar identity—would make it a remarkable work.

From Views and Reviews by Henry James




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