Advertising

Sinking fund requirement

• A restrictive provision that is often included in a bond indenture providing for the systematic retirement of bonds prior to their maturity.

• A condition included in some corporate bond indentures that requires the issuer to retire a specified portion of debt each year. Any principal due at maturity is called the balloon maturity.

 
 

Follow this link for all the terms related to fund.

 
 Embedded terms in definition
 Balloon maturity
Bond indenture
Bond
Corporate bond
Debt
Indenture
Issuer
Maturity
Principal
Retire
Systematic
 
 Related Terms
 

<< Sinking fund Sipc >>

Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

Do not go where the path may lead, go instead where there is no path and leave a trail. - Ralph Waldo Emerson

Advertising



Copyright 2009-2018 GVC. All rights reserved.