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Glossary   >   I   >   "In-substance defeasance" Definition            In-substance defeasance Defeasance whereby debt is removed from the balance sheet but not cancelled. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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In-substance defeasance - Defeasance whereby debt is removed from the balance sheet but not cancelled.