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Topical Terminology > Debt Retirement



3 Definitions

Debt Retirement

For Debt Retirement we have terms and definitions in 3 topics. The topics are Campaign Finance, Finance and Frauds and Scams.



Debt Retirement (Campaign Finance)

The practice of raising additional campaign funds after the election is over in order to pay off the candidate's campaign debt.


Debt Retirement (Finance)

The complete repayment of debt. See: Sinking fund.


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Debt Retirement (Frauds and Scams)

The repayment of specific debt. There are two methods used to retire debt--sinking fund and serial. Sinking fund and serial bonds are not types of bonds, just methods of retiring them. The sinking fund method, in which money is set aside each year to retire debt, is most commonly used for corporate debt. Conversely, the serial method is more commonly used in the debt retirement of municipal bonds. When bonds are issued in serial form, parts of the issue, known as a "series," are retired in various time schedules, usually semiannually or annually.




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