Resource title

Sinking Fund

Resource image

image for OpenScout resource :: Sinking Fund

Resource description

To raise funds for expansion, product development, research, and other purposes, companies some times borrow money by issuing bonds, which are long-term promissory notes issued by companies to investors. Bond agreements or indentures generally require corporations to make regular interest payments—often semiannually—during the term of the bond.

Resource author

Resource publisher

Resource publish date

Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/Sel-Str/Sinking-Fund.html

Resource license

Copyright © 2011 Advameg, Inc.