Setting aside revenue for capital expense or long-term debt
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Sinking fund" – news · newspapers · books · scholar · JSTOR(October 2006) (Learn how and when to remove this message)
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 through the issue of bonds, the term is normally used in this context. However, in the United Kingdom[1] and elsewhere[2] where the issue of bonds (other than government bonds) is unusual, and where long-term leasehold tenancies are common, the term is only normally used in the context of replacement or renewal of capital assets, particularly the common parts of buildings.
^"Leasehold property". Retrieved 15 October 2018.
^"Sinking Funds". Washington Brown. Archived from the original on 5 February 2012. Retrieved 31 January 2024.
A sinkingfund 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...
The SinkingFund Building, also known as Firehouse No. 2, is an historic building in downtown Louisville, Kentucky. Located on Jefferson Street between...
the interest and principal payments, flowed into a fourth fund, the sinkingfund. This was intended to be applied to the repayment of the national debt...
The East Indian Railway Company, operating as the East Indian Railway (reporting mark EIR), introduced railways to East India and North India, while the...
owners' corporation is required to have a ten-year sinkingfund plan. Developing a ten-year sinkingfund plan means that future repairs and maintenance are...
submitted their proposals in November 1902; and by February 1903, the SinkingFund Commission announced their decision to give B&O the operating license...
agreement). There are also other features that minimize risk, such as a "sinkingfund", which means that the debtor must pay some of the value of the bond...
interest on its debt every six months, and the sinkingfund was ample. The cemetery created an endowment fund in 1900, and put $7,207 into it ($300,000 in...
principal (face value) along with the coupon payments. Compare with a sinkingfund, which amortizes the total debt outstanding by repurchasing some bonds...
Calculation of the after-tax NPV of the operating cost stream Applying a sinkingfund amortization factor to the after-tax amount of any salvage value. In...
levies over a period of years, require a debt service fund (sometimes titled as "interest and sinkingfund") to account for their repayment. The debts of permanent...
the current courthouse has five seats. In June 1895, the New York City SinkingFund Commission approved the Appellate Division's request to rent the third...
Rafferty (Patsy Kelly, in her final movie role) to handle the church's sinkingfund, which consisted of $1,206 ($4,967 in 2022 dollars). It turns out being...
Lovecraft. The game is a sequel to The Sinking City and the story is set in the city of Arkham during the 1920s. The Sinking City 2 is set to be released for...
available to meet annual interest and principal payments on debt, including sinkingfund payments. In personal finance, DSCR refers to a ratio used by bank loan...
political positions, and encouraged by his advisers, Walpole introduced the sinkingfund, a device to reduce the national debt. The Cabinet of which he was a...
wars, Walpole could lower taxes. He reduced the national debt with a sinkingfund, and by negotiating lower interest rates. He reduced the land tax from...
instituted a sinkingfund so that £1 million a year was added to a fund so that it could accumulate interest; eventually, the money in the fund was to be...
at which time he agreed with the project. On November 10, 1926, the SinkingFund Commission voted to give the city title to the waterfront property along...
portion of the report dealt with eliminating the debt by utilizing a sinkingfund that would retire five percent of the debt annually until it was paid...
Government was to issue bonds at five per cent interest and set up a sinkingfund of one per cent to support the payment of reparations. In February and...
the Bank of Van Diemen's Land 1915: Royal Commission into public debts sinkingfund 1916: Royal Commission on Fisheries 1955: Royal commission into the University...
000 principal amount 8+1⁄2% sinkingfund debentures due August 1, 1990 1974 Continental Can Company, Inc.: 8.85% sinkingfund debentures due May 15, 2004...
Global Information