Sinking Funds Are Provisions Included in Bond Indentures That Require

question 43

True/False

Sinking funds are provisions included in bond indentures that require companies to retire bonds on a scheduled basis prior to their final maturity.Many indentures allow the company to acquire bonds for sinking fund purposes by either (1)purchasing bonds on the open market at the going market price or (2)selecting the bonds to be called by a lottery administered by the trustee,in which case the price paid is the bond's face value.

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Definitions:

Ethnocultural Genuineness

Refers to the authenticity and sincerity that a therapist or counselor exhibits towards understanding and integrating an individual's cultural background in the therapeutic process.

Liberation Psychotherapy

A therapeutic approach that focuses on addressing the psychological impacts of societal oppression and injustice, aiming to empower individuals to challenge and change oppressive structures in their lives and communities.

Structural Barriers

Physical or societal obstacles that prevent individuals or groups from accessing resources or opportunities.

Process Of Change

The series of actions or steps taken in order to achieve a particular end, especially in the context of personal growth or therapy.