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Showing results for sinking fund. Search instead for bond+sinking+fund.
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

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

From Seattle Times • Mar. 1, 2022

It used £10m of the surplus to add to its general budget, on top of the £14m it gets from tax, rates and grants, and put the remainder into a rainy-day sinking fund.

From Reuters • Jun. 24, 2020

Paper money and a "sinking fund" at home, and foreign alliances that disregarded the really controlling interests of nations, Paine saw as piers set in the Channel.*

From The Life Of Thomas Paine, Vol. I. (of II) With A History of His Literary, Political and Religious Career in America France, and England; to which is added a Sketch of Paine by William Cobbett by Conway, Moncure Daniel

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.