What's the difference between defeasance and defeasanced?
Defeasance
Definition:
(n.) A defeat; an overthrow.
(n.) A rendering null or void.
(n.) A condition, relating to a deed, which being performed, the deed is defeated or rendered void; or a collateral deed, made at the same time with a feoffment, or other conveyance, containing conditions, on the performance of which the estate then created may be defeated.
Example Sentences:
(1) Here are some tax techniques used by different companies over the years • Cross-border tax arbitrage • Hybrid debt instruments • Hybrid entities • Thin capitalisation • Thick capitalisation • Debt dumping • Loss buying • Outward domestication • Corporate inversions • Tax-efficient supply chain management • Intangibles fragmentation • Dividend buying • Company migrations • Dividend traps • Dutch sandwich • Swiss roundabout (long obsolete) • Value shifting • Defeased leasing • Capital allowance buying • Rent factoring • This article was amended on Thursday 5 February 2009.
(2) (2) This presumption of the family's dominant role in decision making is defeasible: protection of the patient's rights requires that decisions be made within a framework that allows vigorous discussion and accoutability through impartial review and that provides for legal intervention when necessary.
(3) For their part, animal rightists should acknowledge that rights, however basic, are also defeasible by appeals to consequences.
Defeasanced
Definition:
(a.) Liable to defeasance; capable of being made void or forfeited.