| 释义 |
Definition of defeasance in English: defeasancenoun dɪˈfiːz(ə)nsdəˈfizəns mass nounLaw 1The action or process of rendering something null and void. 〔律〕废止 Example sentencesExamples - As conduit loans have become increasingly popular financing vehicles in the commercial mortgage market, defeasances of these loans have become relatively common transactions, as well.
- It is a condition subsequent, which provides for defeasance in the event that there are further assets are discovered, whether or not the couple knew about them.
- However, a defeasance is not a permitted remedial action if it does not satisfy the 10 year limitation on defeasances.
- It does look as if it is to aid the taxpayer though, does it not, because it is then subject to defeasance, if you like, under itself.
- Conduit loan defeasances are highly structured transactions with certain unique requirements.
Synonyms cancellation, revocation, rescindment, reversal, abrogation, retraction, invalidation, nullification - 1.1count noun A clause or condition which, if fulfilled, renders a deed or contract null and void.
契约废止条款
OriginLate Middle English (as a legal term): from Old French defesance, from defaire, desfaire 'undo' (see defeat). Definition of defeasance in US English: defeasancenoundəˈfizənsdəˈfēzəns Law 1The action or process of rendering something null and void. 〔律〕废止 Example sentencesExamples - It is a condition subsequent, which provides for defeasance in the event that there are further assets are discovered, whether or not the couple knew about them.
- Conduit loan defeasances are highly structured transactions with certain unique requirements.
- However, a defeasance is not a permitted remedial action if it does not satisfy the 10 year limitation on defeasances.
- It does look as if it is to aid the taxpayer though, does it not, because it is then subject to defeasance, if you like, under itself.
- As conduit loans have become increasingly popular financing vehicles in the commercial mortgage market, defeasances of these loans have become relatively common transactions, as well.
Synonyms cancellation, revocation, rescindment, reversal, abrogation, retraction, invalidation, nullification - 1.1 A clause or condition which, if fulfilled, renders a deed or contract null and void.
契约废止条款
OriginLate Middle English (as a legal term): from Old French defesance, from defaire, desfaire ‘undo’ (see defeat). |