sinking fund

See more synonyms for sinking fund on Thesaurus.com

noun

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

Origin of sinking fund

First recorded in 1715–25

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Related Words for sinking fund

cache, stash, savings, stockpile, backup, funds, investment, means, provisions, reserve, resources

Examples from the Web for sinking fund

Historical Examples of sinking fund

Others have reduced the Army, and added to the Sinking-Fund.
The Tricks of the Town: or, Ways and Means of getting Money
John Thomson
In 1899 the provisions for the sinking-fund were also included.
The Government of England (Vol. I)
A. Lawrence Lowell
The remaining $150,000, has been placed in the sinking-fund.
Solaris Farm
Milan C. Edson
It is in allusion to this that we have spoken of the sinking-fund as a great hoax.
Chambers' Edinburgh Journal, No. 421, New Series, Jan. 24, 1852
Various
And the certificates for which the check had been purloined were not in the sinking-fund as they should have been.
The Financier
Theodore Dreiser

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

sinking fund in Culture

sinking fund

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