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Why Is a Sinking Fund Required? How to Set Up a Sinking Fund and the Different Choices Accessible
Although the advertising agreements we maintain have no effect on us, we could get a commision if you click on one of our partners’ links and make a purchase. The editors of TIME did not assist in the preparation of this material. Ask more questions. Historically, companies have used sinking funds to regularly put aside […]
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A Sinking Fund? What is that? Special Ideas for You
A sinking fund is a special savings account or fund set up specifically for the purpose of retiring a bond or other kind of debt. A company may need to make a substantial outlay of capital when it is time to retire long-term debt or redeem bonds. A sinking fund might be used in this […]
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