sinking fund bond

A bond backed by a sinking fund for bond redemption. See sinking fund under FUND(1). [Cases: Municipal Corporations 951. C.J.S. Municipal Corporations §§ 1704–1705.]

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词条贡献者

双语律师李明，国际知名法学院法律专业，擅长翻译各类与政府监管相关的法律文件。