defeasance

defeasance

美 [dɪ'fizəns] 　英 [dɪ'fi:zəns]

• n.废除；使契约作废的条款
• 网络废止；解除；使无效

词形变化

复数：defeasances  

英汉解释

n.	1. (契约的)作废,废止,废除 2. 使契约作废的条款

英英解释

n.

1. the declaration of something as null and void 2. a clause in a legal document that states that, in the event of a condition being fulfilled, the document will become null and void 3. a document containing a defeasance 4. the irrevocable setting aside of assets for repayment of a debt without actual retirement of the debt, often for tax reasons

例句

The court held that Congress had intended vested rights under the lease to be invulnerable to defeasance by subsequently issued regulations.

法院认为，国会在立法时的意图是，租约赋予的权利不能因其后颁布的条例而作废。