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Defeasible

A Dictionary of Law · Henry Campbell Black · 1891

A Dictionary of Law

Subject to be defeated, annulled, revoked, or undone upon the happening of a future event or the performance of a condition subsequent, or by a conditional limitation. Usually spoken of estates and interests inland. For instance, a mortgagee’s estate is deieasible (liable to be defeated) by the mortgagor's equity of redemption.