Sentences with phrase «sinking funds»

An individual or group recently used a questionable LinkedIn profile to scam a little over $ 2 million from more than 1,000 investors sinking funds into a fake initial coin offering (ICO).
Subordinated issues, securities with normal call and put provisions and sinking funds, medium - term notes (if they are publicly underwritten), 144A securities with registration rights, and global issues that are SEC - registered are included.
Total direct debt of a municipality less all self - supporting debt, any sinking funds, and short - term debt such as tax anticipation notes and revenue anticipation notes.
Or is the new wave of sinking funds a better choice?
Now that the end of our consumer debt payments are in sight, we are kickstarting our sinking funds preparing to grow our emergency fund from about 2.5 k to 3 - 6 months of income.
After that, $ 500 for Roth IRA, $ 300 for new car fund, $ 200 to boost Sinking Funds more — Air Conditioner will need to be replaced sometime soon)
Also, we might start allocating a portion of sinking funds (maybe emergency fund) to Wellesley Income Fund or Wellington (Vanguard).
Sinking Funds: $ 600 month (car maintenance, insurance, home maintenance, vacation - whatever is not spent in a given month is saved)
Having an emergency savings can help you when a true emergency happens, but sinking funds can save your month to month budget by helping you avoid overspending and forgetting those things that come up, like Christmas, birthdays, and anniversaries.
On another note, sinking funds are quite different than an emergency fund.
An emergency fund is to be used for emergencies only, whereas sinking funds are «pots» that you put money into for a specific purpose.
So while it looks like you need to save $ 13,000, you get to decide which of the sinking funds is the most important, and how much money you will allot to each fund.
So, should you choose an emergency fund or sinking funds?
Your emergency fund and sinking funds could work in conjunction with each other, each giving you the opportunity to be more financially secure.
The great thing about sinking funds is you get to break down your responsibilities.
the lowest potential yield that can be received on a bond without the issuer actually defaulting; calculated by making worst - case scenario assumptions on the issue by calculating the returns that would be received if any in - whole mandatory redemptive provisions are exercised by the issuer; partial redemptive provisions (such as sinking funds) are not included in yield to worst calculations; the yield to worst metric is used to evaluate the worst - case scenario for yield to help investors manage risks and ensure that specific income requirements will still be met even in the worst scenarios
I have a savings for each kid and several sinking funds.
When the records are requested by internal or external parties, it leaves your human resource staff again sinking funds into salaries and wages while they manually pull and print and copy records.
The unexpended balance of each appropriation, less the commitments outstanding at the close of the fiscal year for which it was made, shall lapse at the close of such fiscal year; provided that nothing herein contained shall be construed to require the lapsing of appropriations which may be or are required to be made for an indefinite period or which include state refunds, allocations or grants applicable to said appropriations pursuant to any other provisions of law; and provided further that nothing herein shall be construed to prevent the making of appropriations or contracts for the construction of permanent public improvements or works not to be completed during the fiscal year, or the acquisition of property therefor, or the establishment of bond or capital accounts, sinking funds or reserve funds, and each such appropriation, account or fund shall continue in force until the purpose for which it was made shall have been accomplished or shall have been abandoned by a two thirds vote of the County Legislature.
Such capital budget shall indicate debt service charges of previous projects, proposed down payments and other expenditures for new projects, and the recommended sources of all proposed capital financing including, but not limited to, capital reserve fund, sinking funds, current revenues, temporary borrowing, bond sales, federal and state grants, loans or advances.
How Sinking Funds Will Save Your Budget When I first became financially independent after college, I did not save up for anything.
The intelligent investor wants to know everything about a potential investment before sinking funds into it, and many portfolio managers today are finding a willing information partner in the big data available through today's technology breakthroughs.
You can deduct an amount for a reserve, contingent account, or a sinking fund as long as the Income Tax Act allows it and the amount is reasonable,» says the Canada Revenue Agency's Business and Professional Income Guide.
A case in point is the Sinking Fund established by the NDC government through which over US$ 350 million has been realised to help pay off the US$ 750 million Eurobond floated by the NPP in 2007.
They provided N434.41 billion for Statutory Transfers, N1.84 trillion for Debt Servicing and N177.46 billion for Sinking Fund from maturing bonds.
Notwithstanding the foregoing provisions, but subject to such requirements as the legislature shall impose by general or special law, indebtedness contracted by any county, city, town, village or school district and each portion thereof from time to time contracted for any object or purpose for which indebtedness may be contracted may also be financed by sinking fund bonds with a maximum maturity of fifty years, which shall be redeemed through annual contributions to sinking funds established by such county, city, town, village or school district, provided, however, that each such annual contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of the contribution, the same amount of such indebtedness as would have been paid and then be payable if such indebtedness had been financed entirely by the issuance of serial bonds, except, if an issue of sinking fund bonds is combined for sale with an issue of serial bonds, for the same object or purpose, then the amount of each annual sinking fund contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of each such annual contribution, (i) the amount which would be required to be paid annually if such indebtedness had been issued entirely as serial bonds, less (ii) the amount of indebtedness, if any, to be paid during such year on the portion of such indebtedness actually issued as serial bonds.
It disclosed that the state would make monthly contributions of N377m commencing from third year of the Bond Scheme and the said amount would be credited to the series one Sinking Fund on a monthly basis until maturity.
Hill shakes things up right away with his plan for active participation in overseeing church affairs, quickly assigning Mrs. Rafferty (Patsy Kelly) to the «sinking fund
After studying this chapter, you will be able to: Explain the basic nature of a joint stock company as a form of business organisation and the various kinds of companies based on liability of their members Describe the types of shares issued by a company Explain the accounting treatment of shares issued at par, at premium and at discount including oversubsription Outline the accounting for forfeiture of shares and reissue of forfeited shares under varying situations Workout the amounts to be transferred to capital reserve when forfeited shares are reissued; and prepare share forfeited account State the meaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Fund Method
WARREN — Van Dyke Public Schools district officials will place a sinking fund proposal on the May 8 ballot.
Maybe Porsche sees no economic reason to sink funds and development time into another GT2, who knows.
He used to joke with me about his «sinking fund
Sinking Fund Redemption.
You wouldn't want to touch this money for any other reason than your mom's funeral, but it would allow you to create a sinking fund large enough to cover the expenses.
You may need $ 2,000 in your vacation sinking fund, $ 1,000 in your Christmas sinking fund, and $ 10,000 in your car sinking fund.
When those events happen, instead of dipping into your emergency fund, you could instead use money from your sinking fund.
I think it is good to consider what occasions you typically are buying gifts for, so you can set a realistic budget for your sinking fund.
Does anyone have thoughts / suggestions on how they handle sinking fund accounts balances that they do not use every month?
I hope you will try the gift sinking fund, it really makes budgeting for gifts easier and relieves the stress of paying for gifts.
The first thing you need to do is find a place to save your gift sinking fund and it's not under your mattress and not in a jar.
So if you're paid by direct deposit, you may have the option to have the money sent directly to your gift sinking fund, if not, have the money automatically transferred from your bank account on payday or a certain day of the month to your gift sinking fund.
Essentially, a sinking fund is a reserve of money set aside over time so that sufficient cash is available to make the balloon payment on schedule.
Amortization: The act of paying off (as a mortgage) gradually, usually by periodic payments of principal and interest or by payments to a sinking fund Annual Percentage Rate (APR): The annual equivalent of a rate of interest when the rate is quoted more frequently than annually, usually monthly.
How do I calculate my expected return if I buy a municipal bond at a premium with a sinking fund feature?
Prepare a budget, allocating income to cover fixed monthly expenses, variable monthly expenses, and a sinking fund for the periodic expenses which come up annually or semiannually.
After the premiums are allocated to each scheduled sinking fund payment, they are earned on a straight - line basis over the period of that sinking fund payment.
The term «sinking fund» is used to describe the practice of periodically (in our case monthly) setting aside money for paying bills or any expense.
The ideal way would be to create a sinking fund that you start funding as soon as you buy something new.
Single Dad Living goes beyond the standard emergency fund to discuss why you should have a sinking fund and how to build one.
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