Definition of debt retirement

repayment of debt. The most common method of retiring corporate debt is to set aside money each year in a sinking fund. Mortgages are retired through amortization or prepayment.

repayment of debt. The most common method of retiring corporate debt is to set aside money each year in a sinking fund.

Sinking fund bonds and serial bonds are not classes of bonds, just methods of retiring them that are adaptable to debentures, convertibles, and so on.