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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

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

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

The sinking fund should provide the council with a cushion to get through the next couple of years.

From Reuters • Jun. 24, 2020

The money may be repaid by equal instalments of principal, or of principal and interest, or by means of a sinking fund.

From Encyclopaedia Britannica, 11th Edition, Volume 9, Slice 4 "England" to "English Finance" 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.