Home
E-Mail
Latest

Defeasance Financial Glossary

What is it? A method used to extinguish debt by using a portfolio of securities such as bonds, to service or offset, the cash flows of the original debt. The original debt and the offsetting bonds may then removed from the borrowers balance sheet.

Finance Term Definition Added By: Samantha

The Defeasance definition has been viewed 2230 Time(s)!




Send To Friends!

If you'd like to send the Defeasance definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Defeasance. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Standard & Poors 500 Index (S&P 500) is A daily measure of stock market performance that is based on a selected group of 500 companies. The S&P 500 is often used as a general indicator of the equity market.

Financial Term Credit Union is A nonprofit cooperative financial institution that provides credit to its members. Credit unions often pay slightly higher rates of interest on passbook-type savings accounts and charge lower rates on consumer loans.

Financial Term Economic Life is The period of time during which an asset has economic value and is usable

Financial Term CAT is Short for Charges, Access and Terms, CAT refers to a voluntary standard set by the government for ISAs.

Financial Term DRIVE is A part of the FP2 and FP3 which dealt with transport telematics