1) Abrogation
Found on
https://www.crosswordclues.com/clue/defeasance
1) French word used in English 2) Legal terminology
Found on
https://www.crosswordclues.com/clue/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/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/bfglosd.htm
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.encyclo.co.uk/local/20047
n. In the case of some event occurring, the document that terminates the effect of an existing writing such as a contract, deed, or bond. It is an antiquated word.
Found on
http://www.encyclo.co.uk/local/21213
The risk that an issuer of a bond may be unable to make timely principal and interest payments. Also
Found on
http://www.encyclo.co.uk/local/22402
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 .»
S...Found on
http://www.encyclo.co.uk/webster/D/22
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/home.htm
The act of rendering something null and void, or a clause in a deed, lease, will, or other legal document that completely or partially negates the document if a certain condition occurs or fails to occur. For example, a will may provide that a gift of property is defeasable -- that is, void -- if the beneficiary fails to marry before a certain time...
Found on
http://www.nolo.com/dictionary/defeasance-term.html
See Advanced Refunding.
Found on
http://www.oasismanagement.com/glossary/
- Annulment of a contract or deed; a clause within a contract or deed that provides for annulment.
Found on
https://www.encyclo.co.uk/local/21071
a rendering null and void. · a condition on the performance of which a deed or other instrument is defeated or rendered void. · a collateral deed or other writing embodying such a condition.
Found on
https://www.infoplease.com/dictionary/defeasance
No exact match found.
