Sinking fund

From ACT Wiki
Revision as of 14:20, 23 October 2012 by imported>Administrator (CSV import)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

An amount in cash or securities periodically set aside by a borrower to redeem all or part of its long-term debt issues.

See also


Retrieved from ‘https://wiki-dev.treasurers.org/w/index.php?title=Sinking_fund&oldid=44309’