DEFEASANCE CLAUSE Definition

Bookmark and Share

DEFEASANCE CLAUSE is the clause in a mortgage that permits the mortgagor to redeem his or her property upon the payment of the obligations to the mortgagee.

Learn new Accounting Terms

CAPITAL INTENSIVE is used to describe industries or sectors of the economy that require large investments in capital assets to produce their goods, such as the automobile industry. These firms require large profit margins and/or low costs of borrowing to survive.

COST SYNERGY is the savings in operating costs expected after two companies, who compliment each others strengths, join.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.