sinking-fund bond


Definition of sinking-fund bond

: 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

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Learn More About sinking-fund bond

Dictionary Entries Near sinking-fund bond

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Cite this Entry

“Sinking-fund bond.” Dictionary, Merriam-Webster, Accessed 9 Dec. 2021.

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