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defeasible

   Also found in: Legal, Wikipedia 0.17 sec.
de·fea·si·ble  (d-fz-bl)
adj.
Capable of being annulled or invalidated: a defeasible claim to an estate.
de·feasi·bili·ty, de·feasi·ble·ness n.
ThesaurusLegend:  Synonyms Related Words Antonyms
Adj.1.defeasible - capable of being annulled or voided or terminated; "a claim to an estate may be defeasible so long as the claimant is under 21 and unmarried"
indefeasible - not liable to being annulled or voided or undone; "an indefeasible right to freedom"; "an indefeasible claim to the title"


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Critique: Consistent with its prior pronouncements, the IRS disallowed the marital deduction, arguing that the surviving spouse's "qualified income interest" was defeasible during her lifetime through the actions of a third party--i.
Significant recent developments in estate planning by Carlson, David K. / The Tax Adviser
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