purchase fund
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purchase fund — Resembles a sinking fund, except that money is used to purchase bonds only if they are selling below their par value. Bloomberg Financial Dictionary Where a bond is redeemed in instalments over its life. The bonds which are redeemed early ( at… … Financial and business terms
Purchase fund — Resembles a sinking fund except that money is used only to purchase bonds if they are selling below their par value. The New York Times Financial Glossary * * * A borrower uses a purchase fund to buy back issued bonds in the secondary market… … Financial and business terms
Purchase Fund — A feature of some bond indentures and preferred stock that requires the issuer to make an effort to purchase a specified amount of securities if they fall below a stipulated price (usually par value). A purchase fund is similar to a sinking fund… … Investment dictionary
purchase fund — A fund used to purchase bonds that have fallen below par value … Big dictionary of business and management
Fund.com — Inc. (OTCBB: FNDM.OB) is a publicly traded Internet company operating in the financial services, product development, licensing and publishing sectors, based in New York, NY. The company serves the needs of financial institutions, investors and… … Wikipedia
Purchase Parkway — Infobox road state=KY marker highway name=Purchase Parkway alternate name= length mi=52.333 length round=3 length ref=cite web|url=http://www.planning.kytc.ky.gov/data reports.asp|title=Kentucky Transportation Cabinet Division of Planning Highway … Wikipedia
Fund for Educational Excellence — Infobox Non profit Non profit name = Fund for Educational Excellence Non profit Non profit type = founded date = 1984 founder = location = Baltimore, Maryland origins = key people =Ilene Salcman, Chairman George A. Murnaghan, Vice Chairman Scott… … Wikipedia
Purchase of Land (Ireland) Act 1885 — The Purchase of Land (Ireland) Act 1885 also known as the Ashbourne Act is an Act of the Parliament of the United Kingdom (48 49 Vict. c. 73) passed by a Conservative Party government in the United Kingdom under Lord Salisbury. It extended the… … Wikipedia
2003 Mutual-fund scandal — The mutual fund scandal of 2003 was the result of the discovery of illegal late trading and market timing practices on the part of certain hedge fund and mutual fund companies.pitzer investigationOn September 3, 2003, New York Attorney General… … Wikipedia
2003 mutual fund scandal — The mutual fund scandal of 2003 was the result of the discovery of illegal late trading and market timing practices on the part of certain hedge fund and mutual fund companies. Contents 1 Spitzer investigation 1.1 Late trading 1.2 Market timing … Wikipedia
sinking fund — Cash set aside under restricted conditions as required by the terms of certain types of debt. See sinking fund bonds ( sinkers). American Banker Glossary A fund to which money is added on a regular basis that is used to ensure investor confidence … Financial and business terms
