The sinking fund on the balance to vary with the rate of Germanys recovery. |
The sinking fund, where money for long-term expenditure goes, had run dry, so if there was a serious problem there would have been real trouble. |
The following estimated payments are required in each of the next five years to meet the sinking fund provisions of existing debt. |
The following year a sinking fund was established in an effort to amortize the debt. |
Insurance premiums are taken out in conjunction with the sinking fund, and they decline as the fund increases. |
While the sinking fund may not cover the full cost of such an operation, it can take the sting out of its tail. |