Scrabble?! EXTINGUISHMENT

Definitions of EXTINGUISHMENT in various dictionaries:

Extinguishment is the destruction of a right or contract. If the subject of the contract is destroyed (such as through merging the contract subject and the contract obligation), then the contract may be made void. Extinguishment occurs in a variety of contracts, such as land contracts (common, copyhold), debts, rents, and right of ways. A right may be extinguished by nullifing that right or, in the case of a debt, discharged by payment in full or through settlement.An extinguishment may be by matter of fact and by matter of law. If a creditor receives satisfaction and full payment of a debt and the creditor releases the debtor, then that is express extinguishment by matter of fact. If a person is renting land and subsequently becomes the owner of that same land by purchase or descent, the rent is extinguished through implied extinguishment by matter of fact.There are numerous situations where a claim is extinguished by operation of law. If two persons are jointly but not severally liab