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defeasance

Aussprache: [dɪˈfiːzəns]

Wort

So verwendest du defeasance in einem Satz: 2 Bedeutungen und 6 Beispiele mit Audio.

Kontext: „law“

(noun) defeasance is a legal term that means to undo or cancel something that was created before, often a contract or a debt. It's like saying an agreement can be erased or made invalid under certain conditions.

Beispiel

The contract included a defeasance clause that allowed the parties to cancel it if specific conditions were met.

Beispiel

There was no defeasance in the agreement, so it couldn't be canceled easily.

Beispiel

What happens to a contract when a defeasance is applied?

Kontext: „finance“

(noun) in finance, defeasance refers to a situation where a borrower sets aside money to pay off debt in the future, which means the debt can be considered paid off even if it isn't cleared yet.

Beispiel

The company arranged for a defeasance of their bonds, ensuring they could secure the payments later.

Beispiel

Without the proper planning for defeasance, the company risked defaulting on its loans.

Beispiel

How does defeasance affect the company’s financial status?

Wie man defeasance ausspricht

Aussprache: [dɪˈfiːzəns]

Höre zu und wiederhole so oft du willst.

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