Extinguish

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Extinguish

Retire or pay off debt.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
With the growing acceptance of BIM, there are new and emerging ways to digitally keep track of your fire extinguisher inventory.
In addition, the company also looks at huge business potential in China, indicating that traditional dry chemical and foam extinguishers will be heavily replaced in 2012 through 2015 due to the country's new fire safety policy.
There is wide availability of fire extinguishers for different types of fires.
An official of a school, requesting anonymity, said that his school doesn't have a sufficient budget to buy fire extinguishers. "Besides, most schools here in the Sultanate do not have fire safety sprinkler system.
As per NFPA or US standard, to operate the extinguisher it has to be picked up in the left hand at the waist level, the hose should be in the right hand and then direct the jet to the base of fire.
Fire blankets should be fitted near the cooker Fitting the bracket for the extinguisher (inset) All power tools kindly supplied by Ryobi Power Tools: www.ryobitools.co.uk
DUBAI While his parents were away on October 29, 13-year-old Ian Hillman yanked a fire extinguisher to put out the flames from a lit candle gobbling up the drapes inside a neighbouring flat on the 16th floor of a 20-storey building in Khalidiya, Abu Dhabi.
We also obtained three Halon extinguishers from H3R Aviation, which manufactures a wide range of aviation-specific extinguisher products, including portable units and those large, wheeled bottles you might find on your FBO's ramp.
The court heard how Potts, 27, of Regent Farm Road, Gosforth, Newcastle, got off the train at Wansbeck Road station and discharged the extinguisher through the door, back into the carriage.
In industrial and all public buildings we are obliged to have extinguishers and keep them regularly serviced - even where there is no flammable material.
The SIM uses ultrasonics to check, every 15 hours, if there are any objects obstructing the extinguisher. If the SIM trips, it checks again in five hours.
* Squeeze the trigger while holding the extinguisher upright