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Extinguish
ExtinguishRetire or pay off debt. RELATED TERMS-------------------------------------- Retire To extinguish a security, as in paying off a debt. Debt Money borrowed. SIMILAR TERMS-------------------------------------- PREVIOUS AND NEXT TERMS-------------------------------------- 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. We thank you for using the Financial Dictionary to search for Extinguish. If you have a better definition for Extinguish than the one presented here, please let us know by making use of the suggest a term option. This definition of Extinguish may be disputed by other professionals. Our attempt is to provide easy definitions on Extinguish and any other medical topic for the public at large.
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