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The end of law is not to abolish or restrain, but to preserve and enlarge freedom.
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Legal Definitions - SF
A judge is a law student who marks his own examination papers.
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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.
A 'reasonable person' is a legal fiction I'm pretty sure I've never met.
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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.
Study hard, for the well is deep, and our brains are shallow.
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