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The difference between ordinary and extraordinary is practice.
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Legal Definitions - SF
Where you see wrong or inequality or injustice, speak out, because this is your country. This is your democracy. Make it. Protect it. Pass it on.
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Definition of SF
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.
The young man knows the rules, but the old man knows the exceptions.
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Simple Definition
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.
Success in law school is 10% intelligence and 90% persistence.
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