Topic: Defeasance
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What is a defeasance?
A condition of termination of an estate which automatically brings the estate to an end if the condition is satisfied Read More »
Source: http://wiki.answers.com/Q/Whats_a_defeasance
What is defeasible?
defeasible: capable of being annulled or voided or terminated Read More »
Source: http://www.kgbanswers.com/what-is-defeasible/1358271
What is fee simple defeasible?
In order to understand fee simple defeasible we should understand what is meant by fee simple absolute. Fee simple absolute is the way we describe the complete and total ownership of real property. The owner in fee simple absolute has the r... Read More »
Source: http://wiki.answers.com/Q/What_is_Fee_simple_defeasible
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Defeasance
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Technically, it's a substitution of collateral Two common situation: With regards to bonds: The issuer places government backed securities in escrow, sufficient enough to repay all interest and principal on the initial bonds. The bond buyer...
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Source: http://wiki.answers.com/Q/What_is_a_notice_of_defeasance
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 t...
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Source: http://www.answers.com/topic/defeased-securities
"Defeasance" is a provision that voids a bond or loan when the borrower sets aside cash or bonds enough to service the debt.
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Source: http://www.chacha.com/question/what-is-a-defeasence-cost
defeasible: capable of being annulled or voided or terminated
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Source: http://www.kgbanswers.com/whats-the-definition-of-defeasible/1358...
(dĭ-fē'zəns) n. A rendering void; an annulment. The voiding of a contract or deed. A clause within a contract or deed providing for annulment. [Middle English defesaunce, from Anglo-Norman, from Old French defesance, from defesant, present ...
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Source: http://www.answers.com/topic/defeasance
1. capable of being annulled or voided or terminated
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Source: http://www.audioenglish.net/dictionary/defeasible.htm