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 ?
Vienna is also a place much mediated and imagined by others: It was the city of Freud, with its bourgeois cafe society and the urbane populace that Harry Lime was famously able to reduce to extinguishable little dots as he gazed down upon them from a Ferris wheel in The Third Man.
Any obligations that arise out of such interactions would be, for the reasons given earlier in the text, voluntarily extinguishable.
Yet Maori sovereignty expresses the 'fact' of a different experience of place, understood in terms of a different body of law, or knowledge, which after Barry Barclay I call first law or prior law (7)--an antecedent authority that is not in essence extinguishable (not extinguishable, for instance, within the terms of an understanding of things Maori set by settler legal doctrine).