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Simple English definitions for legal terms

sinking-fund debenture

Read a random definition: computer-information transaction

A quick definition of sinking-fund debenture:

A sinking-fund debenture is a type of financial instrument that a company can issue to raise funds. It is a type of debenture that requires the company to set aside a portion of its profits each year to pay off the debt. This is known as a sinking fund. The sinking fund is used to buy back the debentures over time, reducing the company's debt burden. This type of debenture is considered less risky for investors because it has a built-in mechanism for paying off the debt.

A more thorough explanation:

Definition: A type of debenture that requires the issuer to set aside money in a sinking fund to repay the debt at maturity. The sinking fund is a separate account that accumulates funds over time to ensure that the issuer has enough money to repay the debenture when it becomes due.

Example: Company A issues $1 million in sinking-fund debentures with a maturity of 10 years. The terms of the debenture require the company to contribute $100,000 per year to a sinking fund. At the end of 10 years, the sinking fund will have accumulated $1 million, which will be used to repay the debenture.

This example illustrates how sinking-fund debentures work. By requiring the issuer to set aside money in a sinking fund, investors are more likely to receive their principal back at maturity. This makes sinking-fund debentures less risky than other types of debt securities.

sinking fund | si non omnes

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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