Definition of Defeasance
the action of rendering something null and void
Examples of Defeasance in a sentence
The bankβs defeasance made the check invalid, so it could no longer be cashed for money. π
If the athlete breaks the rules of his agreement, the defeasance of his contract with us will be immediate. π
The defeasance of our agreement will occur the moment you fail to deliver on your end of the deal. π
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