defeasance

(dē fēzəns, di-)

noun

  1. the annulment of a contract or deed
  2. a clause stating a condition the fulfillment of which makes the deed, contract, etc. void in whole or in part

Origin: ME & Anglo-Fr defesaunce < OFr defesance < defesant, prp. of defaire, desfaire: see defeat

See defeasance in American Heritage Dictionary 4

noun
  1. A rendering void; an annulment.
  2. a. The voiding of a contract or deed.
    b. A clause within a contract or deed providing for annulment.

Origin:

Origin: Middle English defesaunce

Origin: , from Anglo-Norman

Origin: , from Old French defesance

Origin: , from defesant

Origin: , present participle of desfaire, to destroy; see defeat

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