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单词 sinking fund provision
释义

sinking fund provision

Definition
A requirement for certain bond issuers to buy back a portion of its debt at regular intervals. The bonds can be bought by the issuer on the secondary market or directly from bond holders. A sinking fund provision will be disclosed in the indenture. See Refunding Risk; Callable Bond.
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更新时间:2025/4/17 21:45:53