A sinking fund is a fund that companies can contribute to to help pay short- or long-term debt obligations. Companies that want to borrow money to finance operations may issue bonds on the open market ...
Property taxes. School fees. The quarterly waste-management bill or semi-annual yard maintenance cost. A holiday you know you’ll be taking next year. Taxes on your self-employed income. When larger ...
Borrowers may look to sinking funds as a way to help plan for potential student loan debt cancellation. These specialized funds are money set aside for specific goals, and the payment of student loan ...
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