WebArticle 1231. Obligations are extinguished: [1] By payment or performance; [2] By the loss of the thing due; [3] By the condonation or remission of the debt; [4] By the confusion or merger of the rights of creditor and debtor; [5] By compensation; [6] By novation. Webex•tin•guish (ɪkˈstɪŋ gwɪʃ) v.t. 1. to cause to stop burning; put out: to extinguish a fire. 2. to put an end to or bring to an end; wipe out of existence; annihilate: to extinguish hope. 3. to obscure or eclipse, as by superior brilliance. 4. Law. to discharge (a debt), as by payment.
Extinguish Definition & Meaning Dictionary.com
Webextinguishment 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 … WebIn contract law, extinguishment is the destruction of a right or contract. [1] If the subject of the contract is destroyed (such as through merging the contract subject and the … fireboy ug
extinguishment Wex US Law LII / Legal Information Institute
Webextinguishment 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 … The burning heather had been extinguished, but the level ground … b. A small metal cone or cup on a long handle, used for snuffing out candles; a … extenuating circumstances. n. surrounding factors (sometimes called mitigation) … debt: A sum of money that is owed or due to be paid because of an express … Web1 as in quenched to cause to cease burning the fire in the skillet was quickly extinguished by slamming the lid on Synonyms & Similar Words quenched choked doused blanketed … WebWhere deposit gratuitous – death of either of the depositor or depositary extinguishes the deposit (personal in nature). By the word “extinguished,” the law really means that the depositary is not obliged to continue with the contract of deposit. (2) Where deposit for compensation – not extinguished by the death of either party. VIII. estee lauder internships