Advertisement
Advertisement
sinking fund
noun
a fund to extinguish an indebtedness, usually a bond issue.
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
sinking fund
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
Example Sentences
And if you haven’t already, start saving for the holidays by setting up a sinking fund.
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.
Just keep in mind: Put money into sinking funds based on priority and necessity.
A sinking fund holds money that’s earmarked for a specific goal or expense.
The company will set up a sinking fund governed by an advisory committee for the remediation effort, which will be reviewed when depleted.
Advertisement
Related Words
- cache
- www.thesaurus.com
- www.thesaurus.com
- savings account
- stash
- stockpile
Advertisement
Advertisement
Advertisement
Browse