词汇 | extinguishment |
释义 | `1`extinguishment`2` "LAW.COM Dictionary": n. the cancellation or destruction of a right, quite often because the time for enforcement has passed. Example: waiting more than four years after the due date to make a demand for payment on a promissory note wipes out the person's right to collect the money owed to him/her. It can also occur by fulfilling the obligation so no further money or performance is due. |
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