Able to be voided, revoked, or made invalid, especially under certain conditions or if certain facts are proven.
From defease + -ible (capable of). A legal term that became crucial in property law to describe rights that are valid unless they're defeated by other conditions.
Almost every property right you think you own is actually 'defeasible'—the government can take it for taxes, the bank can foreclose, or an older claim can supersede yours. This word reveals that ownership is actually a temporary arrangement contingent on following the rules.
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