extinguishment

Noun

Meaning

The act of extinguishing, putting out, or quenching, or the state of being extinguished; extinction; suppression; destruction; nullification; as, the extinguishment of fire or flame, of discord, enmity, or jealousy, or of love or affection.

The annihilation or extinction of a right or obligation.

Synonyms

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Examples

Adjusted results for the second quarter of 2009 exclude a pre-tax loss of $30.5 million on early extinguishment of debt, restructuring charges of $8.8 million and a $23.3 million reduction of deferred tax assets associated with stock-based compensation. Source: Internet

In connection with these redemptions, the Company will record a pretax loss on early extinguishment of debt of approximately during the third quarter. Source: Internet

For the three month period ended March 31, 2020, other expense adjustments primarily relate to the impact of changes in the discount rate assumptions on our closed mine rehabilitation provision and losses on debt extinguishment. Source: Internet

Reflects net loss incurred on the early extinguishment of our debt incurred as part of the May 2019 redemption of the remaining 5.625% Secured Notes for the twelve months ended March 31, 2020. Source: Internet

The year-over-year change was primarily due to a non-cash pension settlement charge related to the sale of the pension liabilities, a of debt extinguishment costs, as well as a merger termination payment received in 2018. Source: Internet

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