Release

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Release

Relieve party to a trade of any previously made obligation concerning that trade, hence allowing the would-be transactor to show the inquiry/order to a new broker.

Release

Written statement by a creditor to the effect that a debtor has either paid off the debt or the debt is otherwise discharged. A creditor may release a lien if the loan has been paid or if other collateral has been offered. Most mortgages contain release clauses indicating under what circumstances the borrower obtains release from the mortgage lien.

release

See release of lien.

References in periodicals archive ?
Merseytravel has taken the lease from Arriva Trains Merseyside and will then re-lease the fleet to the new franchise operator announced next February.
Encapsulation involves enclosing an active ingredient in a shell-like capsule for suitable re-lease defined by its application.
These properties, returned to Realty Income, are immediately available for re-lease to other tenants.
A Georgia loan is for the acquisition, renovation and stabilization of a 125,000 s/f historical office building the sponsor plans to renovate and re-lease at market rates.
For the first time, two new Signature treatments Talise Therapeutic and Muscle Re-lease, will be available at the Talise spas in Jumeirah Beach Hotel, Burj Al Arab, Jumeirah Emirates Towers, Jumeirah Zabeel Saray and Madinat Jumeirah.
The ability to effectively repossess and re-lease aircraft benefits from sophisticated marketing and technical teams as well as geographic reach and relationships.
There is no official re-lease date but reports havepredicted an October launch.
Game-design group Eidos confirmed the City's worst fears yesterday by delaying the re-lease of Lara Croft Tomb Raider: The Angel of Darkness, untilFebruary.