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Glossary > S > "Sinking fund requirement" Definition

Sinking fund requirement

A condition included in some corporate bond indentures that requires the issuer to retire a specified portion of debt each year. Any principal due at maturity is called the balloon maturity.

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Sinking fund requirement - A condition included in some corporate bond indentures that requires the issuer to retire a specified portion of debt each year. Any principal due at maturity is called the balloon maturity.

Sinking fund requirement : a condition included in some corporate bond indentures that requires the issuer to retire a specified portion of debt each year. any principal due at maturity is called the balloon maturity.