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 ?
Similarly, a small shanty town placed on the surface of a overhead bridge located in Nazimabad locality where dozen of shanties were gutted while fire tenders rushed the spot and managed to extinguish the fire after two hours.
Special techniques and agents are required to extinguish most commonly carbon dioxide or dry chemical agents.
A spokesman said: "Crews used hose reels and ladder to extinguish the fire.
They also fought to extinguish a fire on an adjoining fence, which was left partially destroyed.
BANKING AND CREDIT NEWS-January 4, 2016-SunEdison subsidiary to extinguish USD336m on 2020 notes
M2 EQUITYBITES-January 4, 2016-SunEdison subsidiary to extinguish USD336m on 2020 notes
This will automatically extinguish and inhibit combustion while remaining safe for humans.
Hundreds of firefighters from Dubai Civil Defence put on breathing apparatus and carried tanks of water to the top of the building in a battle to extinguish the fierce flames
KUWAIT, Oct 28 (KUNA) -- Chairman and Managing Director of Kuwait Oil Company (KOC) Sami Al-Rasheed said here on Sunday that work is still ongoing to extinguish a blazing oil well in Rawdtain, north of the country.
The ongoing efforts to extinguish the raging wildfire in Bulgaria's Vitosha Mountain are very badly organized, volunteers have alarmed.
In case of a request (from Israel), five Cross-border Fire Operation Teams are waiting ready in the Turkish provinces of Mersin, Adana and Kahramanmaras to help efforts to extinguish the Haifa fire, the Ministry said.
After six weeks of battling a huge oil well blowout, Iranian oil riggers have managed to extinguish a massive blaze raging at the wellhead, bragging that this was astounding speed, although American riggers said it was astoundingly slow.