sinking fund
noun
a fund to extinguish an indebtedness, usually a bond issue.
Words nearby sinking fund
sinkerball, sinkhole, sinkiang-uighur autonomous region, sinking, sinking feeling, a, sinking fund, sinking spell, sinkless, sinless, sinn fein, sinn féin
Origin of sinking fund
First recorded in 1715–25
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
Examples from the Web for sinking fund
British Dictionary definitions for sinking fund
sinking fund
noun
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
Cultural definitions for sinking fund
sinking fund
A fund into which companies or governments place money to redeem their bonds and other forms of indebtedness.
The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.