Legal Defeasance

Financial Definition of Legal Defeasance

Meaning of Legal Defeasance

The deposit of cash and permitted securities, as specified in the bond indenture, into an irrevocable trust sufficient to enable the issuer to discharge fully its obligations under the bond indenture.

Related Entries of Legal Defeasance in the Encyclopedia of Law Project

Browse or run a search for Legal Defeasance in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Legal Defeasance in Historical Law

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Legal Abbreviations and Acronyms

Search for legal acronyms and/or abbreviations containing Legal Defeasance in the Legal Abbreviations and Acronyms Dictionary.

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