Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,923,617,718 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

defeasance
(redirected from defeasances)

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
de·fea·sance  (d-fzns)
n.
1. A rendering void; an annulment.
2.
a. The voiding of a contract or deed.
b. A clause within a contract or deed providing for annulment.

[Middle English defesaunce, from Anglo-Norman, from Old French defesance, from defesant, present participle of desfaire, to destroy; see defeat.]

defeasance [dɪˈfiːzəns]
n Chiefly law
1. (Law) the act or process of rendering null and void; annulment
2. (Law)
a.  a condition, the fulfilment of which renders a deed void
b.  the document containing such a condition
[from Old French, from desfaire to defeat]


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Dictionary browser?   Full browser?
 
When commercial real estate property values rise, CMBS securitizations see more defeasances and suffer fewer delinquencies, concluded a report by New York-based Moody's Investors Service.
Examples of transactions affected include securitizations, repurchase agreements, loan participations, sales of receivables with recourse, servicing of mortgages and other assets, pledges of collateral and defeasances.
The upgrades reflect the paydown and defeasances since the last Fitch ratings action.
 
 
 
Dictionary, Thesaurus, and Translations
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.