1 Transfer of an individual SAVINGS ACCOUNT OF A âJointâ savings account if it is not an âand/orâ account. 2  Transfer of an individual SAFE DEPOSIT BOX or a safe deposit box in the name of other parties unless the ownership is taken as âorâ.  Transfer of each TITLE OF REAL ESTATE OWNERSHIP.
Sinking Fund Provision. A provision in some bond indentures requiring the issuer to put money aside to repay bondholders at maturity. In bonds with such a provision, a fund or account is set up into which a issuer deposits money on a regular basis to repay the bond when it matures. See also: Sinking Fund Bond.
1. a direct financial aid furnished by a government, as to a private commercial enterprise, an individual, or another government. 2. any grant or contribution of money. 3. money formerly granted by the English Parliament to the crown for special needs. [1325â75; Middle English subsidie < Anglo-French < Latin subsidium auxiliary force, reserve, help =sub- sub- + sid-, comb. form of sedÄre to sit]