demise

Concise Oxford English Dictionary © 2008 Oxford University Press:
demise /dɪˈmʌɪz/

▶noun

• 1 the end or failure of something.

• 2 a person's death.

• 3 Law the transfer of property or a title by demising.

▶verb Law convey or grant by will or lease.

– origin ME: from Anglo-Norman Fr., past part. (used as n.) of OFr. desmettre ‘dismiss’.