TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
DEBT SERVICING REDUCTION ACCOUNT [1 record]
Record 1 - internal organization data 1996-11-29
Record 1, English
Record 1, Subject field(s)
- Government Accounting
Record 1, Main entry term, English
- Debt Servicing and Reduction Account
1, record 1, English, Debt%20Servicing%20and%20Reduction%20Account
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 DEF
Effective April 1, 1991, an account which enables Canadians to make personal and direct contributions toward the reduction of the national debt. Revenues deposited to the Account are used to pay the interest on the public debt and will, in future, help to pay down the debt. In addition to contributions from individuals or businesses, the Account is credited with net revenues from the Goods and Services Tax (GST) and net proceeds from the sale of Crown corporations. All donations are eligible for a charitable receipt at the same level as other registered charities. 2, record 1, English, - Debt%20Servicing%20and%20Reduction%20Account
Record number: 1, Textual support number: 1 OBS
Section 3 of the Debt Servicing and Reduction Account Act. 3, record 1, English, - Debt%20Servicing%20and%20Reduction%20Account
Record 1, French
Record 1, Domaine(s)
- Comptabilité publique
Record 1, Main entry term, French
- Compte de service et de réduction de la dette
1, record 1, French, Compte%20de%20service%20et%20de%20r%C3%A9duction%20de%20la%20dette
correct, masculine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 DEF
Compte institué le 1er avril 1991 pour recevoir les contributions directes des Canadiens et Canadiennes à la réduction de la dette nationale. Les fonds déposés au compte servent à payer l'intérêt de la dette publique et aideront, à l'avenir, à réduire l'encours de la dette. Outre les contributions des particuliers ou des entreprises, le compte reçoit les recettes nettes tirées de la taxe sur les produits et services (TPS) ainsi que le produit net de la vente des sociétés d'État. Toutes les contributions donnent droit à un reçu pour don de charité, dans les mêmes conditions que les dons versés à des organismes de charité agréés. 2, record 1, French, - Compte%20de%20service%20et%20de%20r%C3%A9duction%20de%20la%20dette
Record number: 1, Textual support number: 1 OBS
Article 3 de la Loi sur le compte de service et de réduction de la dette. 3, record 1, French, - Compte%20de%20service%20et%20de%20r%C3%A9duction%20de%20la%20dette
Record 1, Spanish
Record 1, Textual support, Spanish
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