sinking-fund bond

См. также в других словарях:

• sinking-fund bond — noun : a bond issued with a provision that a specified amount or percentage of the issuer s income will be paid annually into a sinking fund set up to retire the bond issue …   Useful english dictionary

• sinking fund bonds — ( sinkers) Revenue bond issues that require the issuer to accumulate or set aside part of the annual revenue which is then used to redeem bonds before maturity, often well before regular call dates. The set aside funds are called the sinking fund …   Financial and business terms

• Sinking fund — Historical ContextA Sinking Fund was a device used in Great Britain in the 18th century to reduce national debt. While used by Robert Walpole in 1716 and effectively in the 1720s and early 1730s, it originated in the commercial tax syndicates of… …   Wikipedia

• sinking fund — Cash set aside under restricted conditions as required by the terms of certain types of debt. See sinking fund bonds ( sinkers). American Banker Glossary A fund to which money is added on a regular basis that is used to ensure investor confidence …   Financial and business terms

• sinking fund — a fund to extinguish an indebtedness, usually a bond issue. [1715 25] * * * Fund set aside by a corporation or government agency for the purpose of periodically redeeming bonds, debentures, and preferred stocks. The fund is accumulated from… …   Universalium

• Sinking Fund Call — A provision allowing a bond issuer the opportunity to buy outstanding bonds from bondholders for a set rate, using money (a sinking fund) from the issuer s earnings saved specifically for security buybacks. Because it adds doubt for investors… …   Investment dictionary

• Sinking Fund — A means of repaying funds that were borrowed through a bond issue. The issuer makes periodic payments to a trustee who retires part of the issue by purchasing the bonds in the open market. Rather than the issuer repaying the entire principal of a …   Investment dictionary

• sinking fund —  Funds set aside to pay off a bond or preferred stock.  ► Many companies create sinking funds, managed by a custodian, as a means to increase investor confidence and reduce the cost of borrowing …   American business jargon

• Sinking fund requirement — 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. The New York Times Financial Glossary …   Financial and business terms

• sinking fund requirement — 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. Bloomberg Financial Dictionary …   Financial and business terms

• sinking fund reserve — An account set up for the redemption of long term debt. It is commonly required by a bond indenture …   Black's law dictionary