Extinguishment
/ɪkˈstɪŋɡwɪʃmənt/
Definitions
- (n.) The legal act or process by which a right, claim, lien, or obligation is terminated or rendered unenforceable.
The extinguishment of the mortgage released the property from the lender’s claim.
- (n.) The cessation or termination of a legal proceeding or the discharge of a legal duty.
The extinguishment of the lawsuit occurred after the parties reached a settlement.
Related terms
See also
Commentary
Extinguishment typically denotes legal termination of rights or duties and differs from mere suspension; precision in specifying what is extinguished (e.g., lien, debt) is key in drafting.
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.