Knowledge (XXG)

Defeasance

Source 📝

22: 209: 156: 41:
It should be brought up to date to reflect subsequent history or scholarship (including the references, if any). When you have completed the review, replace this notice with a simple note on this article's talk
176: 32: 250: 125:. It must be of a thing defensible, and all the conditions must be strictly carried out before the defeasance can be consummated. Defeasance in a 90:, that which in the same deed is called a condition is a defeasance in another deed. The term is used in several contexts in finance, including: 269: 171: 274: 137:. It is not strictly a defeasance, because the stipulation is in the same deed; it is really a condition in the nature. 243: 190: 236: 117:
A defeasance should recite the deed to be defeated and its date, and it must be made between the same
122: 130: 106: 102: 220: 109:, which allows the corporation to remove liabilities from its balance sheet; notably used by 161:
One or more of the preceding sentences incorporates text from a publication now in the
75: 67: 263: 167: 162: 134: 126: 83: 208: 118: 98:
granting a borrower exclusive ownership in a property after a debt is repaid,
95: 180:. Vol. 7 (11th ed.). Cambridge University Press. p. 925. 110: 79: 216: 15: 105:
technique where a corporate bond issue is repaid through an
31:
is largely based on an article in the out-of-copyright
224: 78:which defeats the force or operation of some other 133:by realizing the goods for the benefit of the 244: 121:as are interested in the deed to which it is 8: 251: 237: 146: 7: 205: 203: 223:. You can help Knowledge (XXG) by 14: 207: 154: 20: 1: 129:is the putting an end to the 38:, which was produced in 1911. 270:Common law legal terminology 291: 202: 74:, to undo), in law, is an 86:; as distinguished from 275:Legal terminology stubs 177:Encyclopædia Britannica 34:Encyclopædia Britannica 71: 232: 231: 107:irrevocable trust 103:corporate finance 57: 56: 282: 253: 246: 239: 211: 204: 194: 193:AllBusiness.com. 188: 182: 181: 160: 158: 157: 151: 52: 49: 43: 36:Eleventh Edition 24: 23: 16: 290: 289: 285: 284: 283: 281: 280: 279: 260: 259: 258: 257: 200: 198: 197: 189: 185: 170:, ed. (1911). " 166: 155: 153: 152: 148: 143: 53: 47: 44: 40: 25: 21: 12: 11: 5: 288: 286: 278: 277: 272: 262: 261: 256: 255: 248: 241: 233: 230: 229: 212: 196: 195: 183: 168:Chisholm, Hugh 145: 144: 142: 139: 115: 114: 99: 94:a clause in a 55: 54: 28: 26: 19: 13: 10: 9: 6: 4: 3: 2: 287: 276: 273: 271: 268: 267: 265: 254: 249: 247: 242: 240: 235: 234: 228: 226: 222: 219:article is a 218: 213: 210: 206: 201: 192: 187: 184: 179: 178: 173: 169: 164: 163:public domain 150: 147: 140: 138: 136: 132: 128: 124: 120: 112: 108: 104: 100: 97: 93: 92: 91: 89: 85: 81: 77: 73: 69: 65: 61: 51: 48:November 2015 39: 37: 35: 29:This article 27: 18: 17: 225:expanding it 214: 199: 186: 175: 149: 127:bill of sale 116: 87: 63: 59: 58: 45: 33: 30: 264:Categories 217:legal term 191:defeasance 172:Defeasance 141:References 123:collateral 76:instrument 64:defeazance 60:Defeasance 135:mortgagee 88:condition 131:security 96:mortgage 165::  119:parties 113:in 1982 72:défaire 159:  84:estate 68:French 215:This 111:Exxon 42:page. 221:stub 80:deed 62:(or 174:". 82:or 66:) ( 266:: 101:a 70:: 252:e 245:t 238:v 227:. 50:) 46:(

Index

Encyclopædia Britannica Eleventh Edition
French
instrument
deed
estate
mortgage
corporate finance
irrevocable trust
Exxon
parties
collateral
bill of sale
security
mortgagee
public domain
Chisholm, Hugh
Defeasance
Encyclopædia Britannica
defeasance
Stub icon
legal term
stub
expanding it
v
t
e
Categories
Common law legal terminology
Legal terminology stubs

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.