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.
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References in periodicals archive ?
Extinguishing this type of fire requires Carbon Dioxide, Dry Chemical and Halogenated Types.
Fire Protection Engineering
Rosenbauer's fire extinguishing systems for immediate deployment will be placed at pull-off bays and in firefighting stations as well as along the entire length of the tunnel in recesses with a depth of just 60 cm (23.
Rosenbauer gets EUR-2.2m order in Luxembourg
Bahmani said the Islamic Republic had set a new world record for extinguishing an oil well fire, the state news agency reported.
Oil fire is doused in record time (?)
New extinguishing materials have been introduced in the "Fire Security in 21st Century" Exhibition organized in Moscow.
Russia Invents Special Techniques to Combat Fires
After the production of Halon was discontinued, the fire-protection community worked hard to develop effective extinguishing agents that do not harm the environment.
Understanding gaseous fire-extinguishing agents: gaseous fire-extinguishing agents are often used to effectively extinguish fires in special hazards that cannot be adequately protected by fire-sprinkler systems
NORDIC BUSINESS REPORT-10 September 2007-Bjorge ASA provides fire extinguishing systems for the Valhall platform in the North Sea(C)1994-2007 M2 COMMUNICATIONS LTD http://www.
Bjorge ASA provides fire extinguishing systems for the Valhall platform in the North Sea
Fire Inspector Jason Hurd said firefighters engaged in potentially dangerous work, discovering and extinguishing hidden fires behind walls.
ARSON IS RULED OUT IN BLAZE AT EL POLLO LOCO
Neill Hastie added: "Thanks to Tyco Fire & Integrated Solutions we now have found, for the first time, a really robust solution to extinguishing fires involving plastic trays.
New solution for food industry fires
The airlines of the developing world are being advised by the United Nations Environment Programme (UNEP) to bank their stocks of halons--chemicals vital for extinguishing aircraft fires--as the 2010 deadline to cease production approaches.
Cloud banks: airlines save halon
Risk of fires and explosions in dust collection/pneumatic conveying systems can be reduced by extinguishing sparks before they reach the filter.
Spark detector
Extinguishing the contingent tax liability allows the corporation to enjoy the immediate benefit of profit improvement by eliminating the contingent reserve on the income statement.
Self-insured? There may be a better option: most major U.S. corporations use self-insurance, but 'tax insurance' may offer a better answer for risk avoidance and improve both balance sheet and income statement ratios
Designed for suppressing fires in computer rooms, petrochemical facilities, power plants, and other high-risk environments, the Simplex 4004R Suppression Releasing Panel controls the release of extinguishing systems.
Fire suppression panel

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