51Թ

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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
“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

  1. A fund into which companies or governments place money to redeem their bonds and other forms of indebtedness.
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51Թ History and Origins

Origin of sinking fund1

First recorded in 1715–25
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Example Sentences

Examples have not been reviewed.

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

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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.

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

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

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

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