defeasance
/dih-fee-zuhns/US // dɪˈfi zəns //UK // (dɪˈfiːzəns) //
变卖,退让,递延,延期付款
Related Words
Definitions
n.名词 noun
- 1
Law.
- : 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.
Synonyms & Antonyms
Examples
It must be of a thing defeasible, and all the conditions must be strictly carried out before the defeasance can be consummated.
Defeasance in a bill of sale is the putting an end to the security by realizing the goods for the benefit of the mortgagee.
This condition is known as the defeasance because it defeats or undoes the bond.
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