DEFEASANCE


Meaning of DEFEASANCE in English

A side-contract which contains a condition which, if realized, could defeat the main contract. The common English usage of the word "defeasance" has also become acceptable in law, referring to a contract that is susceptible to being declared void as in "immoral contracts are susceptible to defeasance."

Duhaime's Law English dictionary.      Английский юридический словарь Duhaime .