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defeasance

Syllabification: (de·fea·sance)
Pronunciation: /diˈfēzəns/

Definition of defeasance

noun

Law
  • the action or process of rendering something null and void.
  • a clause or condition which, if fulfilled, renders a deed or contract null and void.

Origin:

late Middle English (as a legal term): from Old French defesance, from defaire, desfaire 'undo' (see defeat)

defeasance in other Oxford dictionaries

Definition of defeasance in the British & World English dictionary

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