Bonds which come due on a single Maturity Date but which may be subject to Mandatory Sinking Fund Redemption.
See Also
A type of redemption that applies specifically to bonds issued as term bonds provided in the bond resolution/ordinance and/or an indenture, pursuant to which an issuer or a conduit borrower is required to retire a specific amount of the outstanding principal of the term bond by redemption on specific dates.
The date upon which the principal of a bond becomes due and payable to the bond owner.
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Hundreds of Terms and Concepts
A promise to set aside, dedicate and use exclusively for specified purposes certain categories of property, generally money or other intangibles.
