Financial Dictionary

This dictionary contains:
24549
financial terms

Extinguish




Extinguish

Retire or pay off debt.

RELATED TERMS
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Retire
To extinguish a security, as in paying off a debt.

Debt
Money borrowed.



SIMILAR TERMS
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PREVIOUS AND NEXT TERMS
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External audit
A review of financial statements and accounting records by an accountant not belonging to the firm.

External finance
Funding that is not generated by a firm's operations: new borrowing or a stock issue.

External funds
Funds originating from a source outside the corporation to increase cash flow and to aid in expansion efforts.

External market
Also referred to as the international market, the offshore market, or, more popularly, the Euromarket.

Externalities
Costs imposed on others without their receiving compensation, or benefits received by others without their paying the proper costs.

Extinguish

Extra dividend
A temporary increase in a firm's dividends beyond the normal level.

Extraordinary call
Early redemption of a revenue bond because the revenue source paying the interest on the bond has been eliminated or has disappeared.

Extraordinary General Meeting (EGM)
A meeting that a company's directors may call if they need to consult shareholders over matters that cannot wait for the -next AGM.

Extraordinary item
An unusual and unexpected one-time event that must be explained to shareholders in an annual or quarterly report.

Extraordinary positive value
A positive net present value.

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This dictionary contains 24549 terms.







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