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What Does Defease Mean?

January 24, 2024 by Emily Lee

What Does Defease Mean? Defeasance is a provision in a contract that voids a bond or loan on a balance sheet when the borrower sets aside cash or bonds sufficient enough to service the debt. What is defeasance of a loan? Defeasance is a provision in a contract that voids a bond or loan on

What Does It Mean When A Loan Is Defeased?

January 24, 2024 by Ahmed Ali

What Does It Mean When A Loan Is Defeased? What does it mean when a loan is defeased? Defeasance is a provision in a contract that voids a bond or loan on a balance sheet when the borrower sets aside cash or bonds sufficient enough to service the debt. How long does it take to