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 § 451.237
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 § 451.237