Examlex
What is the sum of 513.78 + 4.203?
Municipal
Relating to a city or town or its governing body.
Sinking Fund
A reserve fund established by a company to set aside revenue over time for the purpose of paying off debt or replacing a major asset in the future.
Bond Issue
The act of a borrower issuing bonds to raise money from investors willing to lend them money for a certain amount of time.
Pay Off Debt
The process of fully repaying borrowed money, including the principal amount and any accrued interest.
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