NOTICE: This Consumer Medicine Information (CMI) is intended for persons living in Australia. This page contains answers to some common questions about. It does not contain all the information that is known about. It does not take the place of talking to your doctor or pharmacist.
deflection. n. 1. the act of deflecting or the state of being deflected. 2. the amount of deviation. 3. (General Physics) the change in direction of a light beam as it crosses a boundary between two media with different refractive indexes.
DEFINITION of 'Defeasance'. A provision that voids a bond or loan when the borrower sets aside cash or bonds sufficient enough to service the borrower's debt. Also referred to as defease.. Next Up.