Extinction
/ɪkˈstɪŋkʃən/
Definitions
- (n.) The termination or annulment of a legal right, claim, or obligation so that it ceases to exist or be enforceable.
The extinction of the debt was confirmed when the creditor accepted full payment.
- (n.) The end of a legal status or entity, such as the dissolution of a corporation or termination of an estate.
The extinction of the company occurred when it was formally liquidated by the court.
Forms
- extinctions
Related terms
See also
Commentary
In legal contexts, extinction denotes the complete end or cancellation of rights or obligations, distinct from suspension or limitation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.