Simple English definitions for legal terms
Read a random definition: justificator
Term: Demise
Definition: Demise means giving someone else the right to use or own something for a certain amount of time. It can also mean when something ends or stops working, like when a company goes out of business.
Definition: Demise refers to the transfer of property through a lease or will. It can also refer to the end of something, such as the death of a person or the dissolution of a corporation.
When used as a noun, "demise" can mean:
As a verb, "demise" means to lease property for a specific period of time.
Examples:
The first example illustrates the transfer of property through a will, which is a common way for property to be transferred after someone's death. The second example shows how "demise" can be used to describe the end of a corporation. The third example demonstrates the use of "demise" as a noun to describe a lease agreement for a specific period of time.