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Synonyms

sinking fund

American  

noun

  1. a fund to extinguish an indebtedness, usually a bond issue.

sinking fund British  

noun

  1. a fund accumulated out of a business enterprise's earnings or a government's revenue and invested to repay a long-term debt or meet a depreciation charge

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
sinking fund Cultural  

  1. A fund into which companies or governments place money to redeem their bonds and other forms of indebtedness.

Etymology

Origin of sinking fund

First recorded in 1715–25

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

To grow your money before the holiday rush, consider parking your sinking fund in high-yield savings accounts that often let you earn up to 5% APY.

From Salon • Nov. 26, 2024

A sinking fund is essentially a savings account you put aside for specific future expenses — holiday spending, in this case.

From Salon • Nov. 26, 2024

Let’s take the HOA example: If annual dues are $500 and you have six months to save, you need to put about $83 a month in your sinking fund.

From Seattle Times • Mar. 10, 2022

“As part of our financial modelling for each property, we have put in significant provisions for a sinking fund to cover void periods,” Harvey told IFR last month.

From Reuters • Jun. 24, 2020

Hamilton’s most important work is the Essay on the National Debt, which appeared in 1813 and was undoubtedly the first to expose the economic fallacies involved in Pitt’s policy of a sinking fund.

From Encyclopaedia Britannica, 11th Edition, Volume 12, Slice 8 "Haller, Albrecht" to "Harmonium" by Various

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.