(v. t.) To revoke, as a legacy, grant, etc., or to satisfy it by some other gift.
Example Sentences:
(1) Both Adnan al-Mussallam, chairman of Investment Dar, and Mustafa al-Saleh, chief executive of Adeem, were at a press conference for the takeover deal.
(2) He would not reveal the size of the stakes held by any of the new owners, but said Kuwaiti co-investors Investment Dar and Adeem Investment were long-term backers.
Ademption
Definition:
(n.) The revocation or taking away of a grant donation, legacy, or the like.