This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

• Lexulous
• Wordscraper
• Wordosaur

n. The act of extinguishing, putting out, or quenching, or the state of being extinguished.

n. The act of extinguishing, putting out, or quenching, or the state of being extinguished; extinction; suppression; destruction; nullification.

n. The annihilation or extinction of a right or obligation.

n. The act or process of extinguishing; a bringing to an end: as, the extinguishment of a fire, or of life.

n. In law, the extinction or annihilation of a right, an estate, etc., by merging or consolidating it with another, generally with one greater or more extensive.

"But language urging the "extinguishment" of second liens carries the effect of principal forgiveness, rather than forbearance."

extinction    suppression    destruction    nullification   

abolishment    cancelation    enfeeblement    energy-saver    falloff