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.

Defeasance in a bill of sale is the putting an end to the security by realizing the goods for the benefit of the mortgagee.

From Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 10 "David, St" to "Demidov" by Various