Amortization
The payment of the principal of a bond issue by periodic payments either directly to bondholders or to a sinking fund for the benefit of bondholders.
Proceeds of the Bonds minus amounts used to fund a Reasonably Required Reserve or Replacement Fund.
Learn about over various terms and concepts that may arise while preparing a bond issue.

The payment of the principal of a bond issue by periodic payments either directly to bondholders or to a sinking fund for the benefit of bondholders.