Sinking Funds Are Devices Used to Force Companies to Retire

question 26

True/False

Sinking funds are devices used to force companies to retire bonds on a scheduled basis prior to their maturity.Many bond indentures allow the company to acquire bonds for a sinking fund by either purchasing bonds in the market or selecting the bonds to be acquired by a lottery administered by the trustee through a call at face value.

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Definitions:

Language

A system of communication used by a particular community or country, consisting of written or spoken words, gestures, or signs.

Egalitarian Relationship

A relationship where all participants are treated as equals and have equal rights and opportunities.

Collaborative Language Systems

An approach in therapy where therapist and client work together to construct new meanings and narratives through language, facilitating change and understanding.

Client's Knowledge

The understanding, experiences, and insights that clients bring into the counseling process, which can be crucial for the personalization of therapy.