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World English Dictionary
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sinker bond
sin·ker bond
(
plural
sin·ker bonds
)
noun
Definition:
bond with payments from sinking fund:
a bond whose interest is paid and principal repaid from a sinking fund
[
<sinking fund
]
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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