retirement of a debt

retirement of a debt
index discharge (payment)

Burton's Legal Thesaurus. . 2006

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  • Retirement planning — Retirement planning, in a financial context, refers to the allocation of finances for retirement. This normally means the setting aside of money or other assets to obtain a steady income at retirement. The goal of retirement planning is to… …   Wikipedia

  • retirement — Removal from circulation of stock or bonds that have been reacquired or redeemed. Bloomberg Financial Dictionary * * * retirement re‧tire‧ment [rɪˈtaɪəmənt ǁ ˈtaɪr ] noun 1. [uncountable] the act of leaving a job because you have reached the end… …   Financial and business terms

  • Debt-snowball method — The debt snowball method is a debt reduction strategy, whereby one who owes on more than one account pays off the accounts starting with the smallest balances first while paying the minimum on larger debts. Once the smallest debt is paid off, one …   Wikipedia

  • debt retirement — The complete repayment of debt. Bloomberg Financial Dictionary See: sinking fund. Bloomberg Financial Dictionary * * * debt retirement debt retirement ➔ retirement * * * debt retirement UK US noun [C or U] ► FINANCE the fact of paying back a debt …   Financial and business terms

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  • Debt service — Interest payment plus repayments of principal to creditors, that is, retirement of debt. The New York Times Financial Glossary * * * debt service ˈdebt ˌservice also ˈdebt ˌservicing noun [uncountable] FINANCE when a company, government, or… …   Financial and business terms

  • debt service — A term used to refer to the amount of principal and interest payments required by a borrower s loans or securities issued. Also used as a verb to describe making such payments. American Banker Glossary interest payment ( interest payments) plus… …   Financial and business terms

  • Retirement of Securities — 1. The cancellation of stocks or bonds because the issuer has bought them back. 2. The removal of an asset from securities markets because its maturity date has been reached. Another context in which you might hear the term is the retirement of… …   Investment dictionary

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