sinking fund

noun

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

sinking fund

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

sinking fund

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

Word History and Origins

Origin of sinking fund¹

First recorded in 1715–25

Example Sentences

And if you haven’t already, start saving for the holidays by setting up a sinking fund.

Read more on Salon

Some donors are funding candidates and state parties directly, while others are sinking funds into state-level groups that are pushing out direct mail and digital ads.

Read more on Washington Post

Just keep in mind: Put money into sinking funds based on priority and necessity.

Read more on Seattle Times

A sinking fund holds money that’s earmarked for a specific goal or expense.

Read more on Seattle Times

The company will set up a sinking fund governed by an advisory committee for the remediation effort, which will be reviewed when depleted.

Read more on Reuters

Related Words

• cache 
• reserve fund www.thesaurus.com
• savings www.thesaurus.com
• savings account 
• stash 
• stockpile