Investment Glossary · Quick read · No ads
Defeasance
The short answer
A process where a borrower sets aside assets to cover debt obligations, effectively removing the debt from practical risk.
What is Defeasance?
A process where a borrower sets aside assets to cover debt obligations, effectively removing the debt from practical risk.
About this page. Written by Associate Professor Charles Lo, CPA, PhD. Checked against reliable sources before publication. No ads and no paywall. Editorial standards · How we fact check · Corrections log · Report an error
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