sinking fund In A Sentence
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- Graham's father, Thomas Graham was the chairman of the " sinking fund " in Louisville.
- The bonds are noncallable, but the 2010 maturity is callable subject to a sinking fund.
- In 2013 the voters approved maintaining the 1 mill sinking fund tax.
- A special tax is levied for the benefit of the sinking fund - one-tenth of a mill in 1909.
- During the year 1827 the public debt was consolidated, and a department was created for the application of a sinking fund.
- Almost its only significant proposal was concerned with debt management and the Creation of a new sinking fund.
- For the service of this loanknown as the Guaranteed loanan annuity of 315,000 was provided in the Egyptian budget for interest and sinking fund.
- The interest on bonds amortized was to be added to the funds available for sinking fund.
- At the Assembly of the Clergy in 1750, he requested a payment of 7.5 million livres over five years, to contribute to his sinking fund.
- He served as a member of the State Board of Education, the State Board of sinking fund Commissioners, and the State Board of Printing Commissioners.
- However, the event of war with France in 1793 " destroyed the rationale of the sinking fund " ( Eric Evans ).
- The BMTA said in its proposal that if it could not use the sinking fund, it should be allowed to borrow from the Government Savings Bank.
- The pamphlet caught the interest of William Pitt the Younger, who drafted a proposal to reform the " sinking fund " in 1786.
- At regular intervals , the corporation deposits cash into this sinking fund.
- Under authority .of a constitutional amendment of 1857 a sinking fund commission was established in 1858.
- Bond indentures often contain call provisions and sinking fund require-ments.
- A sinking fund makes the bond less risky, and therefore gives it a smaller " coupon " ( or interest payment ).
- From 1868 to 1870, Barr served as president of the Board of Louisville sinking fund Commissioners and served several terms on the Louisville City Council.
- He also finalized the state's boundary with Virginia, and set up a sinking fund to reduce the state debt.
- Apprehension of national bankruptcy led to the adoption of the device of a sinking fund but, in this instance, Pitt's usual sagacity failed him.
- The total debt in English money may be put at 126 millions sterling, which requires for interest, sinking fund and service about 5-1 millions sterling annually.
- The interest on the annual contribution to the sinking-fund or its equivalent should be reckoned at a low rate of interest, for such funds are assumed to be invested in perfectly safe securities.
- Compare with a sinking fund, which amortizes the total debt outstanding by repurchasing some bonds.
- They added a second auditor in the office of the state auditor, and gave greater discretion to the state's sinking fund commission.
- To liquidate a debt, such as a mortgage by installment payments or a sinking fund.
- At that period the charge for interest and sinking fund was 4,127,000.
- Brooke Group and its bondholders failed to reach an agreement on waiving the sinking fund requirements of the bonds, said the person familiar with the talks.
- The sinking fund at the same date amounted to $2,652,035, leaving a net surplus in the sinking fund of $8118.
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