debt extinguishment
Definition
In order to pay off an obligation, a creditor may accept a higher yield investment to relinquish the debt owed.
Related Articles
- "Bull Spread" Stock Option Investment Strategy *
- Work Study as a Component of Educational Planning *
- Basics of The Value Investing Stock Strategy *
- ETFs Ease Tax Headaches *
- Initial Public Offerings *
- Figuring out the Best Car Type for You *
- An Explanation of the Various Facets of a 401(k) Plan *
- Considerations While Choosing a Bank *
Related Videos
http://www.businessdictionary.com/definition/debt-extinguishment.html
