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defeasance

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/dɪˈfizəns/

/dɪˈfiːzəns/

noun

1 borcun sona erdirilmesi, geçersiz kılma uncountable

Definition (English)

The legal ending of a debt or contract, especially by setting aside money to pay a bond in full.

Example Sentences

Through defeasance, the company removed the old bonds from its balance sheet.

Şirket, borcu sona erdirme yöntemiyle eski tahvilleri bilançosundan çıkardı.
The defeasance clause cancelled the debt.

Sona erdirme maddesi borcu ortadan kaldırdı.

Collocations

defeasance clausedefeasance provisiondefeasance agreement