sinking fund provision

简明释义

证券的偿债基金条款

英英释义

例句

1.A well-structured sinking fund provision can enhance the credit rating of a corporation.

良好结构的偿债基金条款可以提高公司的信用评级。

2.The company established a sinking fund provision to ensure it could pay off its long-term debts.

公司建立了一个偿债基金条款，以确保能够偿还长期债务。

3.The municipality included a sinking fund provision in its budget to manage infrastructure costs.

市政府在预算中包含了一个偿债基金条款以管理基础设施费用。

4.Investors often look for a sinking fund provision when evaluating the safety of a bond.

投资者在评估债券安全性时，通常会寻找偿债基金条款。

5.Failure to adhere to the sinking fund provision may lead to increased borrowing costs.

未能遵守偿债基金条款可能导致借款成本增加。

作文

In the world of finance, effective planning and management of resources are crucial for the sustainability of any organization. One important concept that plays a significant role in financial management is the sinking fund provision. A sinking fund provision refers to an arrangement made by an organization to set aside funds over time to repay a debt or replace a depreciating asset. This strategy not only ensures that the organization can meet its future obligations but also helps in managing cash flow more effectively.The essence of a sinking fund provision lies in its ability to alleviate the financial burden that might arise when a large sum of money is needed at once. For instance, consider a corporation that issues bonds to raise capital. Instead of waiting until the bond matures to pay back the principal amount, the company can establish a sinking fund provision where it allocates a certain amount of money at regular intervals. By doing so, the company gradually accumulates the necessary funds to repay the bondholders, thus avoiding a sudden financial strain.Moreover, a sinking fund provision can also be beneficial for the organization’s credit rating. Investors and creditors often view the existence of such provisions as a sign of financial prudence and responsibility. When an organization demonstrates its commitment to repaying debts through a structured plan, it builds trust with its stakeholders. Consequently, this can lead to better borrowing terms in the future and potentially lower interest rates.Additionally, the implementation of a sinking fund provision can help organizations in managing their assets more effectively. For example, if a company knows that it will need to replace a piece of machinery in five years, it can start contributing to a sinking fund specifically for that purpose. This proactive approach not only ensures that the funds are available when needed but also allows the organization to avoid taking on additional debt to finance the purchase.However, it is essential for organizations to carefully consider the amount they contribute to a sinking fund provision. If the contributions are too low, they may not accumulate enough funds by the time the obligation arises. On the other hand, if the contributions are too high, it may strain the organization's current cash flow, affecting its day-to-day operations. Therefore, finding the right balance is critical.In conclusion, the sinking fund provision is a vital financial tool that aids organizations in managing their debts and assets effectively. By setting aside funds in advance, organizations can ensure that they meet their future obligations without facing undue financial pressure. Furthermore, the presence of a sinking fund provision can enhance an organization's credibility in the eyes of investors and creditors, ultimately leading to more favorable financial conditions. As businesses navigate the complexities of financial management, understanding and implementing a sinking fund provision can significantly contribute to their long-term success.

在金融领域，有效的资源规划和管理对任何组织的可持续发展至关重要。一个在财务管理中发挥重要作用的概念是偿债基金条款。偿债基金条款指的是组织设定的一个安排，在一段时间内逐步存入资金，以偿还债务或更换贬值资产。这一策略不仅确保组织能够满足未来的义务，还能更有效地管理现金流。偿债基金条款的本质在于其能够减轻当需要一次性支付大笔资金时可能出现的财务负担。例如，考虑一家通过发行债券筹集资本的公司。与其等到债券到期再偿还本金，公司可以建立一个偿债基金条款，定期分配一定金额的资金。通过这样做，公司逐渐积累必要的资金来偿还债券持有人，从而避免突如其来的财务压力。此外，偿债基金条款对于组织的信用评级也有好处。投资者和债权人通常将这种条款的存在视为财务谨慎和责任感的标志。当一个组织通过结构化计划展示其偿还债务的承诺时，它与利益相关者之间建立了信任。因此，这可能导致未来更好的借贷条件和潜在的较低利率。此外，实施偿债基金条款还可以帮助组织更有效地管理其资产。例如，如果一家公司知道它将在五年后需要更换一台机器，它可以开始为此目的贡献一个偿债基金。这种主动的方法不仅确保了在需要时有资金可用，还使组织能够避免为融资购买而承担额外的债务。然而，组织必须仔细考虑他们对偿债基金条款的贡献金额。如果贡献过低，可能在义务到期时没有积累足够的资金。另一方面，如果贡献过高，则可能会给组织的当前现金流带来压力，影响其日常运营。因此，找到合适的平衡至关重要。总之，偿债基金条款是一个重要的财务工具，帮助组织有效管理其债务和资产。通过提前预留资金，组织可以确保在没有面临不当财务压力的情况下满足未来的义务。此外，偿债基金条款的存在可以增强组织在投资者和债权人眼中的信誉，最终导致更有利的财务条件。在企业应对财务管理的复杂性时，理解和实施偿债基金条款可以显著促进其长期成功。