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defeasance
(redirected from defeasances)

   Also found in: Legal, Financial, Wikipedia 0.03 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.]


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Howard Levine, president/CEO of ARCS Commercial Mortgage, announced the creation of a strategic relationship between ARCS and Commercial Defeasance, LLC, America's leading facilitator of commercial real estate defeasances.
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.
is the market leader in commercial loan defeasances.
 
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