Look up: Defeasance

1. 
   Defeasance
   Practice whereby the borrower sets aside cash or bonds sufficient to service the borrower's debt. Both the borrower's debt and the offestting cash or bonds are removed from the balance sheet.
   Found on http://www.nytimes.com/library/financial
   
   
2. 
   Defeasance
   See Advanced Refunding.
   Found on http://www.oasismanagement.com/glossary/
   
   
3. 
   Defeasance
   The process of rendering a contract or deed null and void following a specified... <a target=_blank href='http://www.finance-glossary.com/terms/defeasance.htm?id=381&ginPtrCode=00000&PopupMode=false' title='Read full definition of defeasance'>more</a>
   Found on http://www.finance-glossary.com/pages/ho
   
   
4. 
   defeasance
   a termination of the rights and interests of the bondholders and extinguishment of their lien on the pledged revenues in accordance with the terms of the indenture for the prior issue of bonds Category: Financial affairs - taxation - customs
   Found on http://www.mijnwoordenboek.nl/definition
   
   
5. 
   Defeasance
   De·fea'sance noun [ Old French defesance , from defesant , French défaisant , present participle of defaire , French défaire , to undo. See Defeat .] 1. A defeat; an overthrow. [ Obsolete] « After his foes' defeasance .» Spenser. 2. A rendering null or void. 3. (Law) A condition, relating to a ...
   Found on http://www.encyclo.co.uk/webster/D/22
   
   
6. 
   Defeasance
   `Defeasance`, or `defeazance` (Fr. `défaire`, to undo), in law, is an instrument which defeats the force or operation of some other deed or estate; as distinguished from condition, that which in the same deed is called a condition is a defeasance in another deed. `Defeasance is a clause within a loan document which allows the exchange of one type of collateral, such as real estate, for, another type of collateral such as a portfolio of United S...
   Found on http://en.wikipedia.org/wiki/Defeasance
   
   
7. 
   Defeasance
   The setting aside by a borrower of cash or bonds sufficient to service the borrower`s debt. Both the borrower`s debt and the offsetting cash or bonds are removed from the balance sheet. In securities trading, where a clearing house becomes counterparty to each side of a trade, after the trade has been agreed. This is necessary to facilitate netting...
   Found on http://www.duke.edu/~charvey/Classes/wpg
   
   
8. 
   Defeasance
   • (n.) A condition, relating to a deed, which being performed, the deed is defeated or rendered void; or a collateral deed, made at the same time with a feoffment, or other conveyance, containing conditions, on the performance of which the estate then created may be defeated. • (n.) A defeat; an overthrow. • (n.) A rendering null or ...
   Found on http://thinkexist.com/dictionary/meaning
   
   
9. 
   Defeasance
   A practice where the borrower removes cash or bonds sufficient to service a debt, setting aside cash or bonds. Discover What It’s Like to Live Easy With EquiTrend
   Found on http://www.equitrend.com/glossary800.asp
   
   
10. 
    Defeasance
    - Annulment of a contract or deed; a clause within a contract or deed that provides for annulment.
    Found on http://www.nysscpa.org/prof_library/guid