Extinguish

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Extinguish

Retire or pay off debt.

Extinguish

To cause a security to cease to exist. This especially applies to debt securities; for example, when a bond matures, it is said to be extinguished. See also: Repay.
References in periodicals archive ?
Table 13: US Exports of Fire Extinguishers by Region (2012 &
KG (Germany) II-23 Nationwide Fire Extinguishers (UK) II-23 Protec Fire Detection Plc (UK) II-23 Siemens Building Technologies, Inc.
Many units ask the question, "What do I do with the old fire extinguisher after I receive the replacement?
Whether you're grilling outdoors, lighting sparklers or camping, having a fire extinguisher available and knowing how to use it could be the difference between an enjoyable holiday weekend and a disastrous one.
Reuter used the fire extinguisher to keep the fire from spreading to nearby brush.
However, the TM 9-2320-272-10 PMCS, item 14, shows it NMC if the fire extinguisher is missing.
However, to improve you and your family's chances of surviving a fire outside the kitchen without serious injury or major property damage," LeBlanc continued, "you should have one fire extinguisher for every 600 square feet of living space and at least one per level in multi-floor residences.
Los Angeles City Controller Rick Tuttle's audit found hundreds of safety violations in City Hall East, including broken fire extinguishers and fire doors - problems that have been ignored and left uncorrected.
New ABC Type 6 kg Fire Extinguisher (Meter Room) 1 No.
The Fire extinguisher mounted just inside the rear door is in a bad position.
Those that have low pressure, are damaged or corroded, or haven't been used within 12 years should be replaced with a multi-purpose fire extinguisher.
For electrical fires, use a dry chemical fire extinguisher to put out a fire if the appliance is still plugged in.