What is FUNNEL SINKING FUND?

Bond issuers retire outstanding bonds, especially high-coupon issues, using one annual sinking fund requirement. A repeatable, advantageous method.

More On This Topic



Link to This Definition
Did you find this definition of FUNNEL SINKING FUND helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary