defeasance
de·fea·sance
noun \di-ˈfē-zən(t)s\Definition of DEFEASANCE
1
a (1) : the termination of a property interest in accordance with stipulated conditions (as in a deed) (2) : an instrument stating such conditions of limitation b : a rendering null or void
Examples of DEFEASANCE
- <the kind of gross misconduct that could result in the defeasance of the athlete's contract to endorse their products>
Origin of DEFEASANCE
Middle English defesance, from Anglo-French, from defesaunt, present participle of defaire
First Known Use: 15th century
Related to DEFEASANCE
Synonyms: abatement, abolishment, abrogation, annulment, avoidance, cancellation (also cancelation), abolition, dissolution, invalidation, negation, nullification, quashing, repeal, rescindment, voiding
Related Words: abortion, calling off, recall; countermand, override, overruling, overturn, veto; retraction, reversal, revocation, suspension, withdrawal; banning, enjoining, forbiddance, outlawing, prohibition; disallowance, dismissal, rejection; elimination, eradication, erasure, liquidation, removal
Near Antonyms: enactment, legislation; establishment, founding, institution; formalization, legalization, legitimation, legitimization, validation; passing, ratification; approval, authorization, clearance, endorsement (also indorsement), permission, sanctioning; commandment, decreeing, mandating, ordering, prescription
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