extinguishment

extinguishment, n. The cessation or cancellation of some right or interest. • For example, the extinguishment of a legacy occurs when the item bequeathed no longer exists or no longer belongs to the testator’s estate.

---

词条贡献者

双语律师Virginia，国内知名法学院民商法专业，擅长翻译各类与公司与并购相关的法律文件。