[de.mise] vb de.mised ; de.mis.ing vt (15c) 1: to convey (as an estate) by will or lease
2. obs: convey, give
3: to transmit by succession or inheritance ~ vi 1: die, decease
2: to pass by descent or bequest "the property has demised to the king"
[2]demise n [MF, fem. of demis, pp. of demettre to dismiss, fr. L demittere to send down, fr. de- + mittere to send] (15c) 1: the conveyance of an estate
2: transfer of the sovereignty to a successor 3 a: death b: a cessation of existence or activity c: a loss of position or status