- defease
-
/di feez"/, v.t., defeased, defeasing.to defeat or annul (a contract, deed, etc.).[1470-80; back formation from DEFEASANCE]
* * *
Universalium. 2010.
defease
Look at other dictionaries:
defease — v. annul (a contract, deed etc.); satisfy the legal obligations of an issuer imposed by a bond without in fact redeeming the securities … English contemporary dictionary
defease — /di feez /, v.t., defeased, defeasing. to defeat or annul (a contract, deed, etc.). [1470 80; back formation from DEFEASANCE] … Useful english dictionary
Defeasance — Contents 1 Defeasance of Commercial Mortgage Loans 1.1 Defeasance of a Securitized Commercial Mortgage Loan 1.2 Defeasance Terms to Consider at Loan Origination … Wikipedia
Defeasible reasoning — is a kind of reasoning that is based on reasons that are defeasible, as opposed to the indefeasible reasons of deductive logic. Defeasible reasoning is a particular kind of non demonstrative reasoning, where the reasoning does not produce a full … Wikipedia
CMBS Prepayment Terms — Summary Defeasance and yield maintenance are used to define the prepayment terms of a CMBS loan (Commercial Mortgage Backed Securities) before its maturity. Defeasance Defeasance is the substitution of collateral. Defeasance is used to calculate… … Wikipedia
Defeasance — A provision that voids a bond or loan when the borrower sets aside cash or bonds sufficient enough to service the borrower s debt. Also referred to as defease. The borrower sets aside cash to pay off the bonds, therefore the outstanding debt and… … Investment dictionary
defeasance — early 15c., from Anglo Fr. defesaunce, O.Fr. desfaisance undoing, destruction, from desfaire (Mod.Fr. défaire) to undo, destroy (see DEFEAT (Cf. defeat)). Related: Defease; defeasible … Etymology dictionary
defase — obs. Sc. form of defease … Useful english dictionary
defesance — defesance, defese etc., obs. ff. defeasance, defease, etc … Useful english dictionary
defese — defesance, defese etc., obs. ff. defeasance, defease, etc … Useful english dictionary
