Advertising

Purchase fund

• Resembles a sinking fund except that money is used only to purchase bonds if they are selling below their par value.

 
 

Follow this link for all the terms related to fund.

 
 Embedded terms in definition
 Par value
Par
Purchase
Sinking fund
 
 Related Terms
 

<< Purchase and sale Purchase method >>

"Green" Banking: Saving the Environment as You Save and Borrow Money: You're probably already recycling paper, glass and plastic. But did you know you also may be able to help save the environment as you do your banking? Here are options that may be available from your bank. More...

The greatest test of courage on earth is to bear defeat without losing heart. - Robert G. Ingersoll

Advertising



Copyright 2009-2018 GVC. All rights reserved.