defeasance Hear it!

defeasance definition

de·fea·sance (dē fē′zəns, 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

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

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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