Defease (or Defeasance) with ease

15:04 Aug 15, 2001
English to French translations [Non-PRO]
English term or phrase: Defease (or Defeasance) with ease
financial substitution of debt
Rob Finlay

Summary of answers provided
na +1désendettement
Alain R
naannulation en toute facilité
Stephanie Bachelay



22 mins
annulation en toute facilité

hope it helps
good luck

Stephanie Bachelay
United Kingdom
Local time: 01:10
PRO pts in pair: 24
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2 hrs peer agreement (net): +1

syn. défaisance
Déf. :
Technique consistant à faire disparaître du bilan du débiteur des dettes dont le service est confié à une fiducie ou à un organisme tiers, par transfert irrévocable de liquidités, titres et autres actifs sans risque.

Note :
Selon les dispositions du contrat d'emprunt, on distingue le désendettement de fait et le désendettement légal.

[Office de la langue française, 1998]

    grand dictionnaire
Alain R
Local time: 20:10
PRO pts in pair: 208

Peer comments on this answer (and responses from the answerer)
agree  Connie Leipholz: committing assets to long-term obligations
11 hrs
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