- defeased
- n. defeasance, nullification, annulmentv. annul (a contract, deed etc.); satisfy the legal obligations of an issuer imposed by a bond without in fact redeeming the securities
English contemporary dictionary. 2014.
English contemporary dictionary. 2014.
Defeased Securities — Securities that have been secured by another asset, such as cash or a cash equivalent, by the debt issuing firm. Firms that have created defeased securities, which are typically bonds, will have sufficient cash set aside for retirement of the… … Investment dictionary
Defeasance — Contents 1 Defeasance of Commercial Mortgage Loans 1.1 Defeasance of a Securitized Commercial Mortgage Loan 1.2 Defeasance Terms to Consider at Loan Origination … Wikipedia
Defeasible reasoning — is a kind of reasoning that is based on reasons that are defeasible, as opposed to the indefeasible reasons of deductive logic. Defeasible reasoning is a particular kind of non demonstrative reasoning, where the reasoning does not produce a full … Wikipedia
defease — /di feez /, v.t., defeased, defeasing. to defeat or annul (a contract, deed, etc.). [1470 80; back formation from DEFEASANCE] * * * … Universalium
defease — /di feez /, v.t., defeased, defeasing. to defeat or annul (a contract, deed, etc.). [1470 80; back formation from DEFEASANCE] … Useful english dictionary