defeasance in the Oxford-Hachette French Dictionary

Translations for defeasance in the English»French Dictionary

defeasance [Brit dɪˈfiːz(ə)ns, Am dəˈfizəns] N FIN

defeasance

defaisance f

Translations for defeasance in the French»English Dictionary

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défaisance

defeasance

Monolingual examples (not verified by PONS Editors)

English

We have been fortunate enough to work with this client on numerous defeasance transactions.

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Commercial mortgages often contain lockout provisions after which they can be subject to defeasance, yield maintenance and prepayment penalties to protect bondholders.

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We have worked on multiple defeasance transactions for this broker team and have developed a great, dependable relationship.

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Parties associated with a defeasance transaction typically include the servicer, servicer's counsel, borrower, borrower's counsel, securities broker, custodian, accountant, rating agencies, and the successor borrower.

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If the condition upon which a future interest depends is precedent, the interest is contingent; if the condition is subsequent, the interest is vested, subject to defeasance.

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It was said, there was no promise of a defeasance.

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This was a particularly interesting defeasance transaction to facilitate.

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The upgrades to the senior classes are the result of increasing credit enhancement from defeasance and loan payoffs of approximately $1 billion since the beginning of 2016.

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The upgrades are due to high credit enhancement and the large percentage of defeasance in the pool.

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The upgrade and affirmations reflect the stable performance of the underlying collateral pool and an increase in defeasance.

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