Legal Definition and Related Resources of Retire

To withdraw from active service in an office , or a profession , calling etc. Also to take or pay up as in the phrase to retire a bond or note. In relation to a bill of exchange , the term is susceptible of various meanings as it is applied to various circumstances. If the acceptor retires the bill at maturity , he takes it entirely from circulation, and it is in effect paid, but if an endorser retires it, he merely withdraws it from circulation insofar as he himself is concerned, and may hold it with the same remedies as he would have had if he had been called upon in due course , and had paid the amount to his immediate endorsee.

To extinguish a security, as in paying off a debt.

(Conclude a career), verb

• abdicate
• demit
• drop out
• give notice
• give up office
• give up work
• leave
• quit
• relinquish
• resign
• stand aside
• take leave
• tender one’s
• resignation
• vacate

(Retreat), verb

• abandon
• abire
• concedere
• decamp
• depart
• discharge
• fall back
• go back
• leave
• part
• recede
• recedere
• remove
• retrocede
• seclude oneself
• separate oneself
• shelve
• take leave
• turn in
• vacate
• withdraw

Browse or run a search for Retire in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Retire in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Retire in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Retire in the Legal Abbreviations and Acronyms Dictionary.

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True Man Doctrine.

Retire Definition (in the Accounting Vocabulary)

The New York State Society of Certified Public Accountants offers the following definition of Retire in a way that is easy for anybody to understand: To take something, such as a BOND, out of circulation.