Extinguish

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Related to extinguishment: Early Extinguishment of Debt

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 ?
APB Opinion 26, Early Extinguishment of Debt (1972), stated that the criteria in APB 9 should be used to determine whether any difference between the net carrying value of the extinguished debt and the reacquisition price should be classified as extraordinary.
Recognizing the early extinguishment of debt in the wrong period can be the result of following the wrong authoritative literature.
The Partnership's earnings before interest expense, income taxes, depreciation and amortization, losses on the early extinguishment of debt and the gain on the terminal sale (adjusted EBITDA) were $255.
Formerly, debt extinguishment transactions required prominent reporting as separate line items, but this is no longer the case.
The case is a landmark judgment in Australia in terms of the valuation of compensation for the extinguishment of native title.
13 per diluted share for fourth quarter 2014 that was negatively impacted by a charge for early extinguishment of debt.
As a result of the amendment, Fly anticipates recognizing a gain on debt extinguishment of more than USD 20m in the fourth quarter of 2013.
47 per share, which, as discussed below, reflects a one-time debt extinguishment expense of $26.
The First Circuit recently held that a Tax Court decision disallowing a couple's deduction for a qualified conservation contribution of a facade easement was an unreasonable and overly restrictive interpretation of the extinguishment provision of Regs.
The results for the second quarter and the first six months of 2012 included a charge for the loss on the early extinguishment of debt of $19.
The extinguishment immediately releases a fine mist of water downstream, extinguishing sparks and embers without inter rupting production and greatly reduces risk of personnel injury, equipment damage and downtime.