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LSDefine

Simple English definitions for legal terms

SF

Read a random definition: effects doctrine

A quick definition of SF:

SF: SF stands for sinking fund, which is a special type of fund where money is regularly saved to pay off a long-term debt. It's like putting money in a piggy bank to save up for something big, like a new bike or a vacation. The money in a sinking fund grows with interest and is used to pay off the debt when it's due.

A more thorough explanation:

SF

SF stands for sinking fund, which is a sum of money set aside for a specific purpose, such as paying off a long-term debt. The money is accumulated through regular deposits with interest.

  • A corporation sets up a sinking fund to pay off a bond that will mature in 10 years.
  • A city establishes a sinking fund to finance the construction of a new public building.

These examples illustrate how a sinking fund is used to accumulate money over time to pay off a specific debt or finance a specific project.

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MrThickRopes
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DOCTOR PEPPER
ParallelAgreeableOrangutan
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white shirt and black shorts wby
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I'm really sad it came to this.. but what are some law schools that will accept people with misconduct and irregularity of faking a transcript from lsac
I guess or from doing crimes too for that matter
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MrThickRopes
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We walk in da graduation to day
MrThickRopes
15:25
That’s a lie we walk in it yesterday
MrThickRopes
15:26
Or maybe we walk in da graduation tomorrow
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MrThickRopes
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Yeah
MrThickRopes
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MrThickRopes
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Yeah
MrThickRopes
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