defeasance

noun
de·​fea·​sance | \ di-ˈfē-zən(t)s How to pronounce defeasance (audio) \

Definition of defeasance

1a(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

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Examples of defeasance in a Sentence

the kind of gross misconduct that could result in the defeasance of the athlete's contract to endorse their products

First Known Use of defeasance

15th century, in the meaning defined at sense 1a(1)

History and Etymology for defeasance

Middle English defesaunce, borrowed from Anglo-French defaisaunce, defesaunce "undoing, ruin, annulling of a document, condition in the document activating the annulment," from defesaunt, present participle of defaire, desfaire "to undo, put an end to, destroy, nullify" + -aunce -ance — more at defeat entry 1

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Time Traveler for defeasance

Time Traveler

The first known use of defeasance was in the 15th century

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Cite this Entry

“Defeasance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/defeasance. Accessed 5 Jun. 2020.

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More Definitions for defeasance

defeasance

noun
de·​fea·​sance | \ di-ˈfē-zəns How to pronounce defeasance (audio) \

Legal Definition of defeasance

1a : a condition (as in a deed or will) that upon fulfillment terminates a property interest
b : an instrument setting forth such a condition
2 : a rendering null or void

History and Etymology for defeasance

Anglo-French defesance, literally, undoing, destruction, from Old French deffesant, present participle of deffaire to destroy, undo — see defeat

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