Funds required by external sources to be used to meet debt service charges and the retirement of indebtedness on plant assets. The term sinking funds is sometimes used to describe these funds.
N.Y. Comp. Codes R. & Regs. Tit. 10 § 441.300
Funds required by external sources to be used to meet debt service charges and the retirement of indebtedness on plant assets. The term sinking funds is sometimes used to describe these funds.
N.Y. Comp. Codes R. & Regs. Tit. 10 § 441.300