Defeasible meaning

dĭ-fē'zə-bəl
Capable of being annulled or invalidated.

A defeasible claim to an estate.

adjective
0
0
That can be undone or made void.
adjective
0
0
Description of a right or interest that is capable of being terminated, or which will terminate upon occurrence of a condition subsequent.
adjective
0
0
(law, logic) Capable of being defeated, terminated, annulled, voided or invalidated.

The accounting charge for the non-callable debt is defeasible by an escrow.

adjective
0
0
Advertisement