A sinking fund is a fund established by an economic entity by setting aside revenue over a period of time to fund a future capital expense, or repayment of a long-term debt. In North America and elsewhere where it is common for government entities and private corporations to raise funds th...
English Noun sinking fund ( plural sinking funds ) ( finance ) A fund established by an economic entity by setting aside revenue over a period of time to fund a future capital expense or...
A sinking fund is a provision in a corporate bond issue that requires the issuer to set aside a specific amount of money at regular intervals to retir...
Frequently Asked Questions ; What is a sinking fund? ; What is the purpose of a sinking fund? ; Why is GPPSS seeking a new sinking fund? ; What is the duration of the new sinking fund if approved? ; How much would the new sinking fund generate annually? ; What are some examples of sinking fund projects that GPPSS could undertake? ; What is the proposed millage rate for the new sinking fund? ; How does GPPSS’s current millage compare with neighboring districts’? ; How will the sinking fund affect my taxes? ...
What is a Sinking Fund? ; A sinking fund is a millage that a district can levy with voter approval. It is generally utilized for “pay as you go” projects and allows for execution of infrastructure improvements. At GHAPS, the sinking fund would be used primarily for work such as repair and replacement over time of parking lots, air handlers, boilers, classroom carpet, roofing, 1-to-1 devices for student instruction, public announcement system, and emergency building repairs. It cannot be used...
A sinking fund is an account a corporation uses to set aside money earmarked to pay off the debt from a bond or other debt issue. The fund gives bond investors an added element of security.
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Define sinking funds. sinking funds synonyms, sinking funds pronunciation, sinking funds translation, English dictionary definition of sinking funds. n. A fund accumulated to pay off a corporate or...
A sinking fund is a financial tool you can use to save money over time for a specific expense, such as a planned vacation or a home repair.
English Noun sinking funds plural of sinking fund